The Central Valley School Board voted unanimously Monday to approve its proposed budget for the 2012-’13 school year.
The budget includes no cuts to programs or services for the first time in five years.
CV spokeswoman Melanie Rose said the finance department is calling this a pivot year, in which it establishes a new financial baseline after the inclusion of a new information system, offsite servers and the beginnings of Spokane Valley Tech.
The budget includes the general fund, the associated student body fund, debt service fund, capital projects fund and the transportation vehicle fund, for a total of $129.6 million.
“We adopted a balanced, no-cut budget,” Rose said.
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.