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Colfax School okays next year’s budget

Colfax school board members July 16 approved a $6,039,775 budget for the coming school year. The total sum is up about $7,800 over the present budget year. The approval vote was booked during the board session after a budget hearing.

In his report to the board, Reece Jenkin, district business manager, said the budget for next year now carries a $134,000 deficit which would come out of the district’s reserve fund.

District reserves, which can vary from month to month depending on cash flow, were at about $475,000 at the end of June. The board’s goal is to have approximately a month of operation...

 

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