District #348 School Board Approves $14.8 Million Budget
The Wabash District #348 school board has adopted a $14.8 million 2018-19 budget that doesn’t leave a whole lot of wiggle room. But, Superintendent Dr. Chuck Bleyer says recent maneuvers should put the district on a more stable footing financially than its’ seen in several years. Bleyer told board members Monday night that the ambitious undertaking includes using a working cash bond to retire a $1 million debt certificate this month saving the district $60,000 in interest fees….
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Bleyer said he expects similar future moves to aid the district even more….
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Of the $14.8 million budget, Bleyer said almost $11 million or 73% goes to salary and benefits.