The South Central School Board handled a number of financial matters at their meeting Monday. The Board approved the District’s operating budget for the 2015-2016 fiscal year. The budget can be changed as the fiscal year progresses, but the initially passed budget works as a general projection of expenditures and revenue.
The Board also approved the results of the annual audit of the District’s finances. The audit was of the previous fiscal year, which ended on June 30, 2015. Glass and Shuffett conducted the audit.
In other action, the Board approved the salary portion of the contract between the South Central Education Association and the South Central Unit 401 School Board for the 2015-2016 and 2016-2017 school year.