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Shelby schools could oppose state proposal

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State hopes to use district contingency funds to help with shortfall

By Scotty McDaniel

When the Shelby County School Board meets Thursday it will consider the approval of a Resolution of Opposition to a proposed plan that would allow the state to capture local school district contingency funds to help with its projected fiscal shortfall for the 2010-12 fiscal biennium.

Kentucky state law requires local school districts to maintain a contingency fund equal to at least 2 percent of their annual budgets.


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The Sentinel-News | circulation@sentinelnews.com | 502-633-2526
P.O. Box 399, 703 Taylorsville Road, Shelbyville, KY 40065
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