Lincoln Unified School Calender

Lincoln School District expects $15.5 million in revenue and $15 million in expenditures this school year

LINCOLN — The 2023-24 budget for the Lincoln Consolidated School District shows the district expects to receive $15.5 million in revenue with $15 million in expenditures.

The district’s beginning balance is $4.55 million, and the school estimates it will end the year with a $4.6 million balance.

Some budget highlights include $5.5 million for salaries; $8.4 million for operations, which includes maintenance, transportation and athletics; and $784,000 for debt service.

The School Board approved the financial report at its Sept. 19 meeting.

Mary Ann Spears, superintendent, said the budget will be “tight” in a few places but school administrators are aware of that.

At the opening of the meeting, Lincoln Elementary School Principal Traci Birkes said the school is continuing its collaboration with two specialists from Northwest Arkansas Education Service Cooperative, a literacy specialist and a science specialist.

The literacy specialist is helping the school with monitoring the progress of all students, Birkes said, adding that students are being placed in small groups based on “exactly” what they need for literacy growth. The small groups meet every Friday, and these groups are changing as the needs of the students change.

Birkes said the four-day school week has allowed the school to have a specific time allotted to science. Before, science was embedded in core subjects. The science specialist is helping write science units for the classes, Birkes said.

Print Headline: Lincoln School District expects $15.5 million in revenue this year