Unit 2 Amended Budget

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The next meeting of the Bond County Unit 2 school board is Monday, June 26.

The board holds the June meeting a week later than usual in order to close out the fiscal year with accurate financial statements.

At the May meeting, the board scheduled an amended budget hearing for 6:45 p.m., June 26 in the high school media center.

Superintendent Wes Olson told school board members the reason for the hearing was a budget deficit near a half-million dollars and a lack of categorical payments.

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The school district is supposed to receive quarterly categorical program payments from the state. The first one, for the current fiscal year, was finally received in April. It totaled about $453,000.

Superintendent Olson reported he has been told the district should not expect any of the other three payments that are due. He noted if Unit 2 received just one more categorical payment from the state, the projected deficit for the year would be eliminated.

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