Wednesday, November 6, 2013
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COVINGTON — The Newton County Board of Education will hold a work session next week to review this school year’s budget.
“Newton County School Superintendent Samantha Fuhrey requested this meeting to review the current status of the budget now that the fiscal year 2013 budget has officially closed,” said Public Relations Director Sherri Davis-Viniard.
The school board passed in June the $149.5 million budget for the 2013-14 school year. The NCSS fiscal year runs from July 1 to June 30.
Davis-Viniard said the beginning fund balance for fiscal year 2014 is $20,880,172. Total available resources for this fiscal year are $154,745,009 and estimated expenditures are $139,975,257.
“We are now several months into the school year so this is a good time to review our financial data to determine if we need to make any adjustments,” Fuhrey said in an emailed statement. “It’s good business to continually review your budget and expenditures; this is something I’d like to do periodically in an effort to keep a close eye on our finances in preparation for the traditional budget cycle. During the review, we have the opportunity to discuss major projects and expenditures on the horizon and plan for them accordingly.”
This meeting is open to the public and will begin at 5 p.m. Tuesday in the BOE board room, located at 2109 Newton Drive. The BOE will go into closed session at 6 p.m., which is not open to the public. The board’s monthly work session, which is also open to the public, will begin at 7 p.m.