School Board approves tentative 2012-13 budget
by Franklin Clark, Reporter -- fclark@cadizrecord.com
May 30, 2012 | 4 4 recommendations | email to a friend | print
2012/2013 Tentative Budget
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Budget Summary
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Trigg County Board of Education members unanimously passed a “tentative budget” for the 2012/2013 Fiscal Year when they met Thursday night.

At $21,977,555.09, the tentative budget is smaller than the working budget they passed last fall, which was well over $22 million.

However, they also don’t have all of their numbers yet. Trigg County School Superintendent Travis Hamby says they are required to have a tentative budget by the end of May.

Hamby said impact aid money has helped them avert budget shortfalls while allowing them to maintain their services.

“If it had not been for impact aid, we really would have been hurting in FY 11, even this year, in FY 12,” said Hamby. “The impact aid … is helping to balance the budget … with all the cuts that have come from the state.”

Hamby says the difference between impact aid and Tennessee Valley Authority money is that the school has to apply for impact aid, and added that impact aid is federal. However, both come to the school in lieu of property taxes that would come from Land Between the Lakes and Fort Campbell if they weren’t federal property.

For the rest of this story, see this week's issue of The Cadiz Record or subscribe to our e-Edition by calling 270-522-6605.
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