Lafayette schools postpone budget approval

By The Associated Press

OXFORD — The Lafayette County School Board has canceled a public hearing on its budget to the coming year as it awaits work on if any new money will come its way.

The Oxford Eagle reports that the board wants more information on the additional Winchester facilities being added to the property tax rolls this year and what that may mean for additional income.

Bryan White, business manager for the district, says a new budget public hearing has not yet been set, but should be held sometime in July.

Typically both the city and county school districts approve their budget about this time of year.

The Oxford School District approved its 2012-13 budget of $31.3 million, up about $1 million from last year. Local share, or property taxes, is $15.2 million.