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Gainesville needs to tap an additional $153K of reserves in school budget
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Gainesville City School System officials are looking to tap an additional $153,000 in reserves to balance a $72 million operating budget for the next fiscal year, which begins July 1. - photo by Joshua Silavent
Gainesville City School System officials are looking to tap an additional $153,000 in reserves to balance a $72 million operating budget for the next fiscal year, which begins July 1. That would bring the total use of reserves to almost $166,600 for the 2019 fiscal year. A drop in the latest revenue projections prompted the change at a public hearing on the budget held Monday, June 4.