New Canaan schools end year with surplus

Schools budget Line-item surpluses: Salaries: $566,351 Other expenses: $28,221 Line-item deficits: Supplies and materials: $129,556 Employee benefits: $100,858 Equipment: $32,818 Contracted services: $31,678 Facility operations: $17,873 Other purchased services: $147,011 Thanks in part to half a million dollars in salary savings, the New Canaan school district ended the 2013-14 fiscal year with a $134,778 surplus. The district, which accounts for more than half of the town's annual operating expenditures, spent $77,804,927, or 99.8 percent, of its $77,939,705 budget.



via New Canaan Newswire http://www.newcanaannewsonline.com/news/article/New-Canaan-schools-end-year-with-surplus-5733855.php