The Springfield School Board approved the 2017-2018 budget, which includes salary increases for SPS employees and support for expanding middle school athletics and activities.
The adopted budget reflects operating revenues of $267,811,383 and operating expenses of $267,200,154. Cost-of-living adjustments and step increases for SPS employees will be funded by a $6.5 million increase.
Following are some highlights of the approved budget:
- Increasing opportunities for middle school students to participate in athletics like cross country and archery and extracurricular clubs will be funded by a budget allocation of $445,000.
- Revenue is projected to increase slightly compared with last year due to several factors, including full funding of the formula; growth in Greene County's assessed valuation; and increased Proposition C revenue.
- A budget increase of $74,937 will provide stipends to teachers who support co-curricular activities like high school archery, middle school scholar bowl, elementary STEAM, math club, honor choirs and band.
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