SB passes 2021 fiscal year budget
May 14, 2020
The Petersburg School Board approved the 2021 fiscal year operating budget at their meeting on Tuesday, which has a revenues budget that is $105,060 above expenditures to account for unknowns in the coming school year.
The budget has $8,832,258 in revenues, with most of the funding to Petersburg School District coming from the state and Petersburg Borough, according to PSD Director of Finance Karen Morrison. The state contributes $6,861,054 to the Petersburg School District, making up 78 percent of the revenues budget. Borough funding makes up 20 percent of the revenues budget, totaling $1....