Begins fiscal year with $4.1 million in general fund.
By Leslie Moore
Thursday, July 17, 2014 at 8:15 am (Updated: July 17, 8:20 am)
Taylor County Schools ended the year with about $500,000 more in its general fund than the previous year and stayed well within its budget, according to Finance Director Marcie Close.
Close presented Board members with a year-end financial report at their regular meeting last week. The District started fiscal year 2014 with a beginning balance of $3.5 million. Because the fiscal year ended on June 30, Close said the report allows for expenses and revenue expected to come in through August from utility, motor vehicle and delinquent property taxes and other sources.
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