by Nicole Reitz
After four months of meetings and reviewing the school district’s spending habits, Fulton Board of Education members unanimously approved the tentative budget for the 2012-2013 school year.
Superintendent Bill Lynch and Business Administrator Kathy Nichols outlined the spending plan, which includes a 1.9 percent tax levy increase.
The levy increase is below the limit in the new state tax cap law and below the two percent the board had originally limited themselves to.
The proposed budget spends $62.4 million, up 3.5 percent or $2.1 million from the current budget.
The board recently received an increase in state aid and a reduction in the amount the state will take back to lower its own deficit.
A few short weeks ago, the school board faced a deficit of more than $500,000, but that changed when the state legislature freed up an extra $200 million for education aid.
Fulton was one of the high-need, low-wealth districts to receive a share of that money.
The budget hearing has been set for May 2 at the Fulton Education Center. If the budget is approved by voters, there will be no need for the school district to make layoffs or cut programs for next year.
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