Lexington County School District 1 administrators presented a proposal for funding the district’s 2015–2016 general fund operating budget Wednesday at a special workshop for the district’s board of trustees.
In the workshop, administrators recommended a $228,984,170 general fund operating budget, which is approximately a 3.9 percent increase over the district's current operating budget for 2014–2015.
The general fund operating budget provides funding for district operations such as paying salaries, insurance and utilities and purchasing supplies, materials and services.
The district made preliminary projections for revenue based on historical data, the South Carolina House version and Senate Finance Committee version of the state budget and preliminary local assessment projections from the county.
“While the need for improved preparation of students for college and career demands is increasing and the accountability to schools and districts to prepare those students is increasing, the bottom line is that funding for public education is at a crisis point,” Lexington District 1 Superintendent Karen Woodward said. “Federal and state funding is significantly insufficient to meet the needs of our special needs students, straining local districts financially and programmatically.”
The proposed budget consists of approximately 87 percent for salaries and related costs, 7 percent for programs and services and 5 percent for utilities and maintenance.
100 Tarrar Springs Rd
Lexington, SC - 29072