R-II Board approves a balanced budget

When El Dorado Springs R-II Superintendent Mark Koca presented the proposed 2016-17 budget to the board Thursday evening, June 23, he had a slight smile on his face as he announced that for the first time in the five years he has been at the helm, it is a balanced budget. In fact, the bottom line is a $110,877 surplus at the end of the school year on June 30, 2017.

Supt. Koca is known for estimating expenses high and income conservatively so his budget figures are in the realm of reason.

Total of all expected revenues for the fiscal year which ends June 30, 2017, is $12,482,527.

Grand total of all estimated expenses for the same time period is $12,371,650. At the end of the fiscal year, that would leave a surplus of $110,877.