Spending for the 2024-25 school year is expected to increase based on the Leland Public School (LPS) budget adopted this week by the Board of Education.
Board members voted unanimously Monday to adopt a spending plan totaling $8.7 million for the new budget year that begins July 1, up from $7.8 million in the current year.
Leland’s most recent budget was based on the district’s identified as out-of-formula, meaning the property value of the district would generate more than the per pupil foundation allowance from the state. School officials anticipate remaining out-of-formula for 2025-26.
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