Lauderdale County School District sets 2020-21 budget at $58.6M
Published 5:44 pm Thursday, August 13, 2020
The Lauderdale County School District approved a $58.6 million budget for the 2020-2021 school year during a board meeting on Thursday.
On the revenue side, local revenue is expected to be about $17 million, state revenue $34 million and federal revenue about $7 million. 16th section revenue is expected to be about $381,350.
Local revenue includes ad valorem, breakfast and lunch sales, student activities, transportation fees and other income.
Expenditures are expected to be $64.2 million, with most of that amount, $35 million, going to instruction; $24 million for support services; $2.8 million for non-instructional services, and about $1.6 million for debt service.