By Richard Bammer

The 2016-17 first interim budget report, information about open enrollment and community outreach, the school’s five-year plan, and the reappointment of board officers are on the agenda when the Kairos board of directors meets tonight in Vacaville.

The school’s chief business officer, Anita Schwab, will present the first interim budget report, telling the seven-member board that expenses are expected to be $4.6 million, nearly $76,000 less that revenues, with a beginning fund balance of $2.2 million and an ending fund balance of $2.6 million.

The ending fund balance reflects a decrease of nearly $140,000, due in part to increased costs of supplies, materials and services (nearly $165,000) and increased costs ($195,000) in tenant improvements, among other factors.

 

Source: Kairos leaders to hear interim budget, outreach plans, and reappoint directors,