Demopolis BOE oks $17M budget
The Demopolis Board of Education voted Monday night to adopt a roughly $17 million budget.
Superintendent Al Griffin said the budget for this year lacks significant funds, but left the system enough room to operate.
“We’re down funding for teaching units and we’re down about a million dollars from government stimulus money,” he said. “It’s tight, but we’re going to be just fine.”
The budget calls for $17.5 million in revenues against $17.8 million in anticipated expenses and is down more than $3 million in revenues.
The bulk of anticipated revenues comes from the state with a budgeted $12 million. Federal revenues are expected to bring in $1.7 million with another $3.5 collected locally.