With the first budget increase in more than five years, the system still plans to spend $3 million more than it collects in revenue
The Fayette County Board of Education on May 19 unanimously approved a $170.5 million tentative budget for the 2014-2015 school year that begins in July.
That’s a nearly 5 percent increase over the current year’s budget, the first budget growth in at least five years.
Even so, the school system plans to spend nearly $3 million more than it takes in for the coming year by reaching into leftover unspent funds from this year’s budget. Read More»