KETR Local
7:24 am
Wed June 17, 2009

Budget shortfall at Greenville ISD

Greenville – The Greenville ISD could experience a budget shortfall of approximately $168,000 for its current school year.

Board members met Tuesday night to discuss the issue; an amendment to that budget is set to be approved during a meeting next month. Greenville ISD currently operates on a budget of nearly $33 million.

According to Chief Financial Officer Shelly Tubbs, the shortfall is a result of decreased transportation funding, lower-than-expected investment income and average daily attendance funding.

Little information was given regarding the 2009-2010 budget, except that the district will try to be as thrifty as possible. It was unclear if GISD will need to or plans to raise the tax rate.