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Richland Middle College board approves 45-day budget amendment, boosts net income
Summary
The Richland Middle College board approved a 45-day budget amendment on Feb. 11 that adjusts state aid and student counts, raising revenue by about $492,000 and moving net income from a deficit to a positive position. The board approved the amendment by voice vote; precise tallies were not recorded in the transcript.
The Richland Middle College board approved a 45-day budget amendment at its Feb. 11 meeting that updates state funding and student counts and improves the school's fiscal position.
Finance representative Britney Sloan of Prestige told the board the amendment increases state aid to the classroom by recognizing a per-pupil weight of 1.25 (the district has been paying at that weight) and updates student counts, which together increased projected revenue by about $492,000. Sloan said the…
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