The Derby Board of Education approved a $17.8 million budget Tuesday, the New Haven Register is reporting.
The budget now moves to the Derby Board of Apportionment and Taxation, the elected body that has final say over spending in the city.
BOAT, also known as the tax board, will decide on a bottom line for the school district within a few months.
The budget described in the Register article doesn’t sound much different than the budget reviewed by the school board earlier this month.
From the March 1 article:
Right now the school board is considering a $17.8 million budget. It carries a spending increase of $602,717, or 3.5 percent, over this year’s budget.
However, school officials said they’ll receive $133,000 back from the federal government as part of the “e rate” program. That’s money reimbursed to schools for technology and communication-related costs.Click here for a better definition.
So, school officials said, if you subtract the $133,000 in “e rate” money from the $602,717 increase, the spending increase shrinks to $467,717 — or 2.7 percent.