In a special called meeting on Thursday, members of the Manila School Board approved the proposed 2004-05 budget unanimously.
The beginning balance in operating fund on July 1 was $3,019,543.91. Estimated revenue and expenditures for the year left an estimated ending balance (June 30, 205) of $3,115,246.09.
Pam Castor, superintendent, informed board members that under the new state foundation formula the district will be getting less per student than last year's $5,003 per student. Under the new foundation formula, local wealth was subtracted which makes it $4,631 per student. She went on to say that the Manila District does have an increase in revenue this year.
"Overall we have more money, but a lot of that money is restricted to certain categories," Castor said.
Manila district will be getting more money for things like professional development.
Castor told the board that the district will have a Veterans Day assemby, where honorary diplomas will be distributed to Manila veterans that served in Korea, Vietnam and during World War II who were unable to finish their high school educations because they were called to service.
The board will have a special meeting at 8 p.m. Thursday for an expulsion hearing.