PCS Finance Director Julie Masten delivered that news in her budget report to the Person County Board of Education during the board's regular meeting on Sept. 11.
The majority of fund balance, she
said, already was designated for certain programs such as child nutrition.The total also reflects items such as the Terrell School funds that are earmarked.
As of Aug. 31, said Masten
, the system had used 13.1 percent of the total $11.2 million current expense budget for the fiscal year.Funds remaining for regular instructional services, technology support, per-pupil support services, special populations and alternative services and other day-to-day expenses.Masten
told school board members that 6.7 percent of a total $3.1 million in federal funding had been spent as of Aug. 31.This funding supports many of the same items that are covered under current expense, according to a budget expenditure report that Masten handed out to board members and the press.She
said that copies of the budget were available to the public at all times for anyone who would like to see how school funding was being spent.
Of $31.5 million in state funding, Masten
reported last week, the school system had spent 11.9 percent, or just over $3.7 million, between July 1 and Aug. 31.
In other matters last week, Schools Supt.