Wednesday, April 30, 2008

In the News - School Committee override options

By Joyce Kelly/Daily News staff
Posted Apr 30, 2008 @ 12:29 AM

The School Committee last night agreed to present the town with two override scenarios - one for $3.1 million, the other for $2.8 million plus Medicaid reimbursement money. Both would enable the board to keep teachers, staff and programs intact next year, Superintendent Wayne Ogden said.

The School Committee's budget subcommittee had planned to seek a $3.3
million override question to be placed on a June ballot, but Paul Funk, the
interim finance director for schools, announced last night the district has
$180,000 more in its budget than he previously calculated.

The money was undetected because of a Microsoft Excel error in which the software did not subtract athletic revenues, Funk said.

Read the full article in the Milford Daily News here

No comments:

Post a Comment