Revised Peoria Unified budget approved

Includes increase of about $7M

By Philip Haldiman
Independent Newsmedia

The Peoria Unified School District Governing Board unanimously approved the revision of the 2018-19 budget to increase in the amount of about $7 million.

Chief Financial Officer Michelle Myers said most of this increase comes from the maintenance and operations fund, which is where the majority of the daily operations for the Peoria Unified School District are accounted for. It includes salaries, employee benefits, supplies, utilities, transportation costs and other expenditures not of a capital nature, she said.

The maintenance and operations budget for the adopted budget was about $232.52 million. The approval makes the revised budget about $238.59 million.

Arizona state law allows districts to revise their budget by Dec. 15 of each year, providing the opportunity for prior year ending fund balances to be included in the current year budget.

Ms. Myers said the revision allows for a carry forward balance from the prior year.

“A public school district must adopt an annual expenditure budget each year by July 15, and can revise the budget in December and May of the fiscal year,” Ms. Myers said.

The revision includes a transfer from maintenance and operations to the Energy and Water Savings Fund, related to energy savings equipment that has been installed over the  last couple years.

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