Caldwell County school board adopts final budget
The Caldwell County Schools received about $1 million less from the state of North Carolina this year, but total spending in 2013-14 will likely match numbers from the year before, Finance Officer Karla Miller said Monday.
The school district’s state allocation was $71.9 million in 2012-13, a figure that dropped to just under $70.9 million this year – a difference of $1,058,343.
The school board adopted a total budget of $110,960,794 Monday night. Miller said that after a year of amendments, she expects the final figure will end up close to last year’s; in 2012-13, the school district closed the year with a final budget of $117,117,997.
“I don’t see any reason that we won’t end the year, this year, with about the same amount,” Miller told the school board at their Monday meeting.
Amendments that come when the schools receive additional federal funds, which are not yet finalized, or grants will likely push the 2013-14 number close to what was spent in 2012-13, superintendent Steve Stone said after the meeting.
The school system has been operating under an interim budget since late June. The fiscal year began July 1, but it is next to impossible for the school system to adopt a budget until state legislators adopt theirs. As expected, the N.C. House and Senate missed the fiscal-year deadline, adopting a final budget at the end of July.