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BEA board hears good budget news
General Fund balance improves by $710,000
By Kevin Mertens - Staff Writer | Mar 14, 2021
Financial Services Coordinator Alan Wilhelmi presented the revised 2020-2021 budget to the Blue Earth Area School Board at their meeting on Monday, March 8.
Wilhelmi reported the revised budget ended up really close to projections in spite of all of the changes caused by the pandemic.
“We had an increase in our General Fund balance of $710,000,” Wilhelmi commented. “Federal funds we received to help with COVID-19 expenses certainly helped us.”
Other factors which helped the school’s financial position included an increase in enrollment, spending freezes in different department budgets and budget reductions made last spring, Wilhelmi cited. ....

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