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Waynesville R-VI board approves revised FY25 budget, projects $29.6M in capital spending
Summary
Board approved a FY25 budget revision that preserves a roughly 30% operating reserve and increases projected capital spending for Liberty Elementary and WHS HVAC work; state funding increases largely drive revenue growth.
The Waynesville R-VI Board of Education on Monday approved a revision to the district's fiscal year 2025 budget that preserves roughly a 30% operating reserve and increases projected capital outlays for ongoing facility projects.
Administration presented the revision during the meeting, saying the district expects to end FY25 with about $24.5 million in operating funds (approximately a 30.2% reserve) and to spend about $29.6 million on capital projects by June 30, 2025. The budget was approved by a motion from…
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