School district reserves are a better answer this time

 

September 27, 2023



The expense of sending student athletes to state competition the past couple of years exceeded the amount in the Wrangell school district budget. Auditors this summer discovered that the state travel account was overdrawn by about $36,000.

The district needs to balance its books, which means it needs to transfer money from somewhere to cover that hole.

One option under consideration by district officials is to take the funds from sports teams’ “class and club” accounts, which is where student activities deposit the money they collect from fundraising. The teams have used the accounts...



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