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Though the outlook was decidedly optimistic at the July 22 meeting of the Santa Rosa County School Board, the notoriously cash-strapped district is feeling the pinch of it's last-place ranking for per-student state funding.

At a meeting July 22, school board officials unveiled the 2010-2011 budget, calling it "mostly good news".

"In the past years, I've had to bring bad news and this year, I'm pleased to be able to bring good news," said Susan McCole, accounting supervisor, citing revenue streams from tax increases, President Obama's economic stimulus package and lower-than-expected expenditures for the positive cash flow in the $282-million budget. "The good news is the fund balance. And I want to thank the board."

 

For more on this story, see the July 29 issue of the Navarre Press or subscribe online.