COLLEGE PLACE — The College Place Public Schools board approved the district’s 2013-14 budget Tuesday.
During a short special meeting, board members voted unanimously to approve the measure. One of the five board members, Brian Maiden, was absent.
The budget calls for about $9.8 million in general fund revenues and $10 million in expenditures from that fund. Startup costs for the district’s new high school are responsible for the increase in expenditures, said Julie James, district business manager. The increased expenditures will result in the projected ending general fund balance going from $1,310,000 to $1,078,137 at the end of the 2013-14 fiscal year.
The district is in the process of constructing a new elementary school and convert Meadow Brook and Sager schools into a middle and high school. The project is being funded by a $38.9 million bond approved by voters in 2012 in addition to state matching funds.
Projected enrollment for the district during the coming school year is 760 students, James said. The actual enrollment during 2012-2013 was about 730 students in all grade levels.