At the April 11 Fayette County Board of Education called meeting, in documents on e-board (www.fcboe.org), Tom Gray stated that the potential fund balance ending 2012 would be $6.9 million. This, Mr. Gray stated, would be the fund balance with the employee pay scale restored.
Bob Todd stated in the April 19th board meeting that “we know we will be all right next year.”
So tell me how did the projected fund balance ending June, 2012 for the May 17 board meeting be a difference of $10 million, in one month? Read More»