Thursday, May 2, 2024
Happening Now

Tag Archives: Deficit

Putnam Schools Will Make Up Budget Deficit With Reserves

The Putnam County School System’s budget deficit down to $897, 395 as the School Board approved its third budget draft Thursday night. Director of Schools Corby King said the newest draft reflects the county’s budget committee’s decision to cover some $820,000 in school bus expenditures for the coming year. “(Chief Financial Office) Mark (McReynolds) feels pretty confident that we can ... Read More »

Putnam BOE Approves Budget, Covers Gap With Fund Balance

The Putnam County School Board has decided to cover a some $655,000 budget deficit with fund balance money. The move was included in the third draft of the school spending plan approved by the school board Thursday. Director of Schools Corby King said the budget increased expenditures by about $4.1 million. “We feel very comfortable,” King said. “We have a ... Read More »