Schools to dip into reserves; won’t request tax increase
by Associated Press
Published: June 27,2012
Tags: budget, education, elementary education, elementary school, high school, junior high school, learn, learning, public education, public school, recession, school, school district, secondary education, student, tax, tax collection, taxpayer, teach, teacher, teaching
HATTIESBURG — The Forrest County School District will not request a millage increase for 2012-13, but will instead use money from its reserve fund to pay for extra expenses in its budget.
The Hattiesburg American reports the school district’s budget for the upcoming school year is $24.9 million, up from last year’s budget of $23.9 million.
The district has 2,300 students and 450 employees.
The district plans to take in about $6.6 million in ad valorem taxes.
Superintendent Brian Freeman says the district plans to use an estimated $1.5 million in reserve funds to build a new cafeteria at South Forrest Elementary School.
The district has an estimated $3.5 million in its reserve fund.
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