5/6/14 - The Brighton Area Schoolsâ Board of Education got its first look at the estimated 2014-15 fiscal year budget at its meeting Monday night. Assistant Superintendent of Finance Maria Gistinger told the Board that the tentative budget for 2014-15 is $60.5 million. Despite being a big increase over the $53 million budget figure for the current year, Gistinger tells WHMI the district expects to have erased the red ink and have a positive fund balance by the end of the coming year. Gistinger says the district will be able to accomplish the feat largely through its Shared Services program, in which the district provides courses and certified instructors in non-core classes for private and parochial districts. The projected revenue picture totals $60.5 million and district expenditures are projected at $54.8 million. That should give Brighton a healthy fund balance at the end of the 14-15 fiscal year - if the projections hold true - and would mark an end to Brighton being one of the state's deficit districts. (TT)
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