The Laredo R-7 Board of Education approved a budget during its Monday, June 29 meeting that shows a $27,331 surplus for the next school year.
According to information provided by Administrator Misty Foster, revenues for the 2020-21 school year are estimated at $977,324 while expenditures are anticipated at $949,993. The board also approved amendments to the 2019-20 budget to show actual revenues and expenditures for the year.
In other business, the board voted to complete repairs to the building roof and was told the 2019-20 audit would be conducted on July 21. There were also updates given on COVID-19 and CARES Act funding.
An executive session for personnel, legal matters, real estate and student matters was held with no announcement made. The next meeting of the board is scheduled for 6 p.m. on Monday, July 13.
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