School Board approves conservative budget

The Petersburg School Board adopted its FY23 School Operating Budget at the final meeting of the school year Tuesday evening in a 4-0 vote with Member Meg Litster excused.

Finance Director Karen Morrison gave an overview of the budget which at this point still has “a lot of unknowns.”

The budget has a revenue of $7,962,605 and is based on 413 enrolled students which is below the funding formula enrollment threshold of 425 students.

Being below that threshold drops the district down from three school funding to two school funding.

As of June 2022 there are 406 students enrolled.

As a consequenc...