Five years ago, August 2008, the Fayette County Board of Education was threatening their employees with abandoning the employer supplement paid on medical and dental insurance. I decided to attend the August school board meeting.
What caught my eye at the first of many Board of Education meetings was the financial report of the FCBOE. Each year, the FCBOE operates with a budget that runs from July 1 to June 30. A budget report is given at the monthly meetings of the FCBOE and the board members can make financial decisions with this knowledge.
via The Citizen http://www.thecitizen.com/articles/10-22-2013/boe-finances-incredible