ML finance on track for 2016-17 school year

The Medical Lake School Board went through their Feb. 28 meeting with a light agenda.

During reports, Director of Finance Chad Moss said the projected ending fund balance for the 2016-17 school year seems to be adhering to projections.

“Revenues are kind of down and projections are kind of down,” he said.

The total revenue is currently over $21.145 million, which is $354,067 less than what the district budgeted. Expenditures are over $21.38 million, or $519,533 less than projections.

Moss said the decline in revenue and expenditures is partially due to decline in enrollment.

In the only action...