Board sets annual budget for next year
June 18, 2021
While it’s never an exact science when setting a budget nearly three months before students enter buildings for a new school year, the Cloquet school board approved numbers it was presented with at its regular meeting Monday night.
The total operating cost for the 2021-2022 year was estimated at $38.7 million, slightly under proposed revenues. That leaves the district fund balance at $9.2 million, about $86,000 more than the previous budget year.
The only eye-opener in the numbers is the projected $385,262 hit to the general fund balance. Superintendent Michael Cary said that number is a...