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Preliminary budget approved by Alexandria School Board

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news Alexandria, 56308

Alexandria Minnesota 225 7th Ave E
P.O. Box 549
56308

During Monday night's meeting, the Alexandria School Board unanimously approved the district's preliminary general fund budget for the 2013-2014 school year.

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The numbers closely mirror this year's budget with only about a 1 percent difference. The district, however, hopes to significantly increase its fund balance.

For next school year, school district revenues are forecast at $36,997,246 and expenses come in at $36,926,745 with a proposed fund balance of $70,500.

The district's revised budget for the 2012-2013 school year came in at $36,608,580 in revenues, $36,593,784 in expenses and a fund balance of $14,797.

Trevor Peterson, District 206 business director, said that preliminary budget numbers will likely change based on factors like student enrollment, staffing and general state aid changes. The state mandates a preliminary budget from each school district in June.

A revised, in-depth budget will be presented to the board this fall, Peterson said.

THE BUDGET

Alexandria Public Schools - ISD #206

2013-2014 school year Preliminary Budget

General Fund

Revenues $36,997,246

Expenses $36,926,745

Fund balance $70,500

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