Amended 2016-2017 Budget Okayed by APS Board of Ed
The 2016-2017 Auburn Public Schools (APS) budget was amended Monday night, Feb. 13 by the Board of Education.
The amended bond fund is $4,451,521 compared to $351,521 in the original budget. Superintendent Kevin Reiman noted outstanding general obligation refunding bonds were refinanced saving the district $450,000. The refinancing allowed APS to take advantage of lower interest rates.
The special building fund as amended is $431,424 compared to the original $371,424. It allows potential federal eRate revenue and expenditures. Internet wiring at both Calvert Elementary and the middle/senior high school is being replaced. About $70,000 of the cost is to be reimbursed by the federal government.
The activities fund is now $562,529 compared to $332,529. It reflects donations and purchasing of capital improvements. Reiman noted the district is fortunate to have received monetary donations from the city and sponsors towards a new scoreboard and lighting at Tushla Field. Those improvements involve no taxpayer money, the superintendent said.
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