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Rockcastle County Board approves 2024–25 working budget; SEEK and 'on behalf' payments drive revenues
Summary
The Rockcastle County Board of Education approved the 2024–25 working budget after a finance presentation showing total revenues above $35 million, including roughly $25 million from SEEK state funding and about $9.2 million in state 'on behalf' payments; the budget includes a $4.3 million contingency and a building fund increase related to planned construction.
The Rockcastle County Board of Education voted to approve the 2024–25 working budget following a detailed presentation from the district finance coordinator (Jenny).
Jenny told the board the district’s total revenues for the budget year exceed $35,000,000, with state SEEK funding accounting for approximately $25,000,000 and roughly $9,200,000 in state "on behalf" payments (state-paid health and life insurance reflected in district reporting). She said projected expenditures match revenues and that the district is maintaining a…
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