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Board Sets Budget; Expects Deficit for Year
The Northern Bedford County School District Board met Tuesday, June 16, for an in-person meeting.
The board had several items of importance to discuss including approval of the 2020-21 school year calendar as well as the budget for the upcoming school year.
The final general fund budget for 2020-21 was approved in the amount of $14,157,564. Revenues for the same year are expected to be $13,574,535. This will mean the school will operate with a deficit of $583,029 for the 2020-21 school year.
The school board also approved the issuance of a General Obligation Note from Somerset Trust Co. This n...
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