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Acadia Parish School Board hears budget snapshot, reports drop in property premiums
Summary
At its Nov. 18 meeting the Acadia Parish School Board heard that general-fund revenues were $24,499,841 (26.95% of expected) and expenditures $28,934,975 (31.6%), and staff reported a two-year decline in property insurance premiums to $1,549,203 from $2,016,740.
District staff presented a midyear budget snapshot to the Acadia Parish School Board on Nov. 18, reporting general-fund revenues of $24,499,841 (26.95% of expected collections) and expenditures of $28,934,975 (31.6% of expected expenditures). "We're still running a deficit at this time," a staff presenter said, adding the district expects to try to close the gap over the fiscal year.
On employee health coverage, staff compared two 12-month periods and said…
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