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Spring Cove School District Business Manager, Steven Foor, gave a complete presentation on the 2024-25 proposed preliminary budget during the May 13 regular meeting of the Board of Directors.
Foor stated cyber charter schools were the biggest financial challenge faced by the district. It will cost over $1 million to fund them for the upcoming year.
The rise in cost is 95% in cyber charter schools over five years ago. There is a 3.3% increase in budgeted expenditures for next year with cyber charter school cost accounting for 1% of that .927 mill increase.
Other challenges faced by the district...
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