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Fiscal Year 2017 Audit Provides Mixed Bag of Financial News for Taylorville School District

 

The Taylorville School District reviewed its annual audit at Tuesday night’s school board meeting. While there was a mixed bag of news from the audit, most of the news was positive.

 

Overall, the district spent about $230,000 more than it brought in. The district was also given a preliminary financial score of 3.45 which would put the district in the “Financial Review” category. Taylorville Schools Superintendent Dr. Gregg Fuerstenau explains what the score means and says that the problem wasn’t the district’s spending, it was its financial sources.

 

 

The district’s per operating expense per pupil for fiscal year 2017 was just under $7,700 per student. The state average is over $13,000 per student, meaning Taylorville spends a little more than half the money per student as the average school district. Fuerstenau says with the tax referendum passed and more state funds coming, the district will be able to budget for the next fiscal year with much more reliable revenue numbers.

 

 

Fuerstenau expects to know how much new state revenue the district will receive by the next scheduled board meeting scheduled for November 13 at 7 p.m. at the Taylorville School District Administration Building.

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