New London-Spicer School Board OKs budget, receives building project update
NEW LONDON — The New London-Spicer School Board on Monday approved the district’s 2014-2015 budget and received an update on the district’s plans to put a $14 million building project on the November ballot for voter approval of bonding.
The budget includes general fund revenues of $13.52 million and expenditures of $13.24 million and will take the district’s unrestricted fund balance from $418,526 on July 1 of this year to $286,986 on June 30, 2015.
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