NEGAUNEE - The Negaunee school board at this week's meeting unanimously approved its 2012-2013 budget, using the district's fund balance to cover a projected $273,203 shortfall.
The budget could be amended following upcoming negotiations with the district's teachers, changing state aid and other factors, Negaunee Public Schools Superintendent Jim Derocher said.
"As I tell you each year at this time, this is our best guesstimate at the budget going forward," Derocher said. "Our state aid will not be finalized until we do an enrollment count. ... (and) while a state aid bill has passed both the House and the Senate, the governor has not signed it yet."
Using a projected enrollment number of 1,484 students, the board approved a budget with $11.87 million in revenues and about $12.14 in expenditures. With the need to use some of the district's fund balance to balance the budget, the fund now stands at $879,063.
The budget includes a total of six new full-time equivalent teaching positions, which amounts to eight new staff members, mostly at the Lakeview Elementary School to satisfy state requirements for full-day kindergarten.
The budget also includes the purchase of a school bus.
In other action, the board made its final amendments to the current year's budget, approved changes to the student handbook and approved four teacher transfers to cover needed positions within the district.
The board also went into closed session for an update on union negotiations.
Johanna Boyle can be reached at 906-486-4401.