Greenwood schools’ income down, expenses up

Students and federal funding that helped pay for employees, Greenwood schools didn’t collect enough money to pay its bills last year.

The school district was short about $440,000 from what was collected in state funding, and what was needed to pay all teachers’ salaries and insurance benefits in 2013. That’s just under 2 percent of the amount budgeted for the cost of Greenwood’s employees, director of fiscal services Todd Pritchett said.

Last year, the school district could use some of its nearly $1.6 million in savings to make up for the shortfall.

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