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PCSD approves November financial report and adopts 2024–25 budget amendment
Summary
Trustees approved the November financial report and a budget amendment that shifts some Title I salary and benefit expenses to the general fund after federal guidance change; staff projected a modest revenue increase and balanced amendment.
The South Carolina Public Charter School District board approved its November financial report and a budget amendment for fiscal year 2024–25 at the Jan. 9 meeting.
Nick Michael, who presented the November financial report, said the district had received more than $82.3 million in revenue through Nov. 30 and reported total expenditures that left a net gain of $97 district-wide. Michael said the district office recorded approximately $466,000 in revenue and $434,000 in expenditures for a net gain of $31,898 in…
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