HOWARD — District finances were reviewed in depth Wednesday at the East Knox school board meeting as district treasurer Jessi Busenburg presented five-year forecast data and financial updates.
On the revenue side of things, state funding to East Knox is at its lowest level since the 2004-05 school year, or about $3.9 million. That is $630,000 less since 2008. Knox County Auditor Jonette Curry projects that property tax revenues will decrease by more than $100,000. Casino money brings in, perhaps, $40,000 to $50,000 a year, Busenburg said.
While open enrollment into the district generates roughly $450,000, open enrollment out of the district to other public schools and charter or community schools costs the district $1.4 million, she explained.
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