The Central Community School Board on Monday approved a $33.1 million general operating budget for the 2011-12 school year.
That’s slightly more money than the School Board planned to spend when it approved a tentative budget in June.
Superintendent Michael Faulk said the increased spending reflects projects at Bellingrath and Tanglewood elementary schools. The school system had planned to pay for them through school construction bonds, but that proved too little money so the general operating fund was tapped instead, Faulk said.
Central public schools expect to raise $33.4 million in 2011-12, about $300,000 more than it’s spending. Faulk said he expects revenue will increase because 63 more students are enrolled than last year, but he said he won’t add the extra resulting state funding until after the official Oct. 1 enrollment count.
The system’s financial position is even better because it expects to carry over about $11 million from the 2010-11 fiscal year. That’s about $800,000 more in carry-over money than the system thought it would have when it prepared the tentative 2011-12 budget in June, Faulk said.
Six of the seven board members approved the budget Monday. Member Sharon Browning was absent.
By law, Central schools had to approve a general operating budget by Sept. 30.