(ST. JOSEPH, Mo.) The Board of Education's 2018-19 district budget is off by more than $300,000 compared to the numbers approved in May. But St. Joseph School District officials said the funding gap may not be as bad as it looks.
"I think that's very manageable going forward because there are areas in the revenue categories that are are going to offset that," Dr. Gabe Edgar, the SJSD Director of Finance said."The budget overall is in pretty good shape."
In May, the board approved the original 2018-19 budget with only $635 between revenues and costs. SJSD board members said they've had to rework the budget since then.
Board members said they are still proud of the work they've done to dull the millions in funding cuts. The board saved some money this year by closing Lake Contrary Elementary and Humboldt Elementary.
"After making cuts of around $7.2 million only being off by $314,000 is a pretty small margin," Edgar said.
Final expense and revenue reports are due in February. Edgar said that is when they will know if the projections match the actual budget.