Business and Finance
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Tue, December 17, 2024
[ Tue, Dec 17th 2024 ] - Lock Haven
KCSD reviews 2023-2024 finance report

KCSD reviews 2023-2024 finance report


Published on 2024-12-17 01:20:48 - Lock Haven
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  • Keystone Central School District Business Manager Joni MacIntyre presented the school board with KCSD's 2023-2024 End of Year Report, revealing that the district secured a $1.3 million surplus, which she recommended be reinvested in various improvement projects.

The Keystone Central School District (KCSD) recently reviewed its 2023-2024 finance report during a school board meeting. The report highlighted the district's financial health, detailing revenues and expenditures. Key points included an increase in state funding, adjustments in local tax revenues, and significant investments in educational programs and infrastructure. The district also discussed cost-saving measures, such as energy efficiency projects and staff optimization. Despite facing challenges like rising healthcare costs and unfunded mandates, KCSD managed to maintain a balanced budget, with plans for future financial stability through careful budgeting and potential grant applications.

Read the Full Lock Haven Article at:
[ https://www.lockhaven.com/news/local-news/2024/12/kcsd-reviews-2023-2024-finance-report/ ]