School board uses fund balance to satisfy nearly $1.5M deficit
Published: 5:18 PM, 06/14/2013
Author: John Sprague Source: The Herald-News
The Rhea County Board of Education passed the 2013-14 budget that includes a deficit in excess of $1.5 million, which will be balanced with money from the education departmentís fund balance, at the boardís normal monthly meeting on Thursday.
Board vice chair John Mincy, who is also budget committee chairperson, told the board he was thankful for the help of school personnel and the county finance department.
For further details, see the Sunday edition of The Herald-News.