G-RF school district has uses for state funding increase
By Douglas Toole
Tuesday January 15, 2008
GEORGETOWN – Superintendent Kevin Tate said Monday he is hopeful that the district will get an additional $300,000 from the state over the next six months, and that he should have an accurate figure by the end of January.
Georgetown-Ridge Farm School Board members approved a $10.05 million spending plan for the 2007-08 fiscal year last fall that included $194,000 in deficit spending. At that time, Tate estimated the district would generate about $9.86 million in the upcoming fiscal year if it got the same amount of general state aid it received last year – about $5 million. Although the state budget included about $300,000 in additional state aid to the district, Tate said he was skeptical the district would get that amount, and built no increased funding into his budget.
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