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Regional School Board Amends FY19 Operating Budget

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The Maggie L. Walker Governor’s School Regional School Board unanimously voted at its August 16 meeting to amend the FY19 operating budget, reflecting an increase of $224,344. This amendment details an increase from the projected year-end fund balance carryover of June 30, 2018 from $75,000 to $230,000 (+$155,000) and State funding adjusted up from $2,127,477 to $2,196,821 (+$69,344). 

A breakdown of school expenditure details was increased in Classroom Instruction-Personnel Services of $28,210, Improvements-Instruction of $13,065 and Transfers to Capital Projects of $183,713, plus a small decrease to Security Services of $644 for a total of $244,344.

The amended FY19 operating budget is available here.