KPS officials adjust budget after student count
KALKASKA – Kalkaska Public Schools has to dip into its fund balance a bit more than it planned for the current 2017-18 school year.
And, that’s mostly due to the district having fewer students than budgeted, according to a blended unaudited pupil count for February and October.
According to Nadia Hoover, LEA accountant for KPS, the count totalled 1,504.46 full-time equivalent students. That was nearly 40 less than projected.
With the corresponding loss in state aid, the KPS Board of Education unanimously approved, 7-0, a budget adjustment to make up for the lost revenue.
“This is what we’re planning our budget on,” Hoover said of the student count. “We adjusted all of the revenue from there.”
According to the approved resolution, the district’s adjusted budget will include nearly $15.2 million in revenues and more than $15.6 million in expenditures, with KPS now set to use more than $435,000 from its fund balance. That’s up more than $60,000 planned in the original budget.
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