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Sunday, May 5, 2024

Vigo County School board gets a look at 2021 budget

Credit: WTHI
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Vigo County School board gets a look at 2021 budget
Vigo County School board gets a look at 2021 budget
Monday night the school approved the first steps to the 2021 budget.

The vigo county school corporation is looking to the future.

Tonight at the school board meeting they presented a look at the 20-21 budget.

News 10's sarah lehman was there.

She's live in our newsroom right now.

New for you tonight on nightwatch... she has more on what that budget is going to mean for "you".

Patrece...rondrell... tonight was just the first step in looking at the proposed budget for 2021.

It doesn't look too different from the approved 2020 budget.

The corporation doesn't know all of the factors that will go toward the 2021 budget.

Like assessed property values.

So -- they advertised an "artificially high" budget.

Corporation leaders say this year's budget is very similar to last year's.

Other than the referendum that was voted in last year.

Tax payers should "not" see too much of a difference.

The corproration plans to put the money they get from selling the adminstration building into their rainy day fund.

They also expect to get one time funds for covid relief from fema and the state.

Director of communications..bill riley..

Says you're going to see even a lower budget for "next" year.

That's because they've been cutting expenses.

"you'll remember that we trimmed some administrative roles across the district and obviously some cost savings there.

It's a little more difficult with covid.

But we continue our commitment to shaving expenses."

Tonight -- was only the approval stage to advertise the budget.

The board did approve it.

The corporation will now advertise the budget proposal on gateway.

September 28th there will be a public hearing on the budget.

October 19th is when the budget can be adopted.

Reporting live in the newsroom.

I'm sarah lehman, news 10 back to you.

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