School budget growing, despite cuts
March 16, 2017
Wrangell's Public School Board approved a second draft for the upcoming year's budget, which begins in July.
The addition of $375,000 in funds from the school's capital improvement fund approved in January helped balance out the proposed budget, which assumes a five-percent reduction in the state's Base Student Allocation.
Over this year's budget â€“ revised as of this month â€“ revenues will be down in several areas for FY18. Foundation support will drop by around $240,000 to $3.12M, while retirement fund contributions have been revised down by around $30,000 since the last draft was revie...