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Little Falls board approves revised 2023-24 budget, citing deferred maintenance and simulator reimbursements
Summary
The Little Falls School Board approved a revised 2023-24 budget that raises projected revenues (including $236,000 in additional federal funds and roughly $240,000 in state reimbursement for simulators) and increases expenditures for deferred maintenance; business manager Chris Mubick said the general fund deficit rose to about $805,000 largely because of facility projects.
The Little Falls School Board voted to adopt a revised budget for the 2023-24 fiscal year after a presentation by business manager Chris Mubick.
Mubick told the board the revision increases federal revenue by $236,000 and adds roughly $240,000 in state reimbursements tied to recently purchased simulators. He said the district adjusted its average daily membership (ADM) estimate up by 10 students and raised equipment and facilities spending to cover…
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