During a special budget meeting Tuesday, the Valley Academy for Career and Technology Education Governing Board approved a total expenditure budget of $2,113,667 for the 2007-08 fiscal year. That is the portion of the district's budget that is subject to budget limitations.
The maintenance and operation part of the 2007-08 budget is $1,864,148. Included in the M&O part of the budget is $1,327,756 for classroom instruction, down 5.3 percent from last year's $1,402,642.
The budget contains a revenue budget for the new fiscal year of $2,238,229. The revenues sources are $1,273,429 from the state, $400,000 from the federal government and $564,800 from taxes in the local school districts included in VACTE's district.
Celeste Ziemkowski, district business manager, told the board the adopted budget contained no changes from the budget the board approved June 27.
Board president Tom Moore, who represents the Sedona-Oak Creek School District, said the district's budget has been consistent over recent years. "It just seems to keep growing," he said.
VACTE Superintendent Marv Lamer said the state will pay the district 91.8 percent of its budget for the new fiscal year. "We are still not fully funded," he said. "We're still struggling to get full funding."
VACTE is a career and technology education district that was created when voters in five local school districts approved it. The district represents three high schools, Mingus Union High School, Camp Verde High School and Sedona Red Rock High School. In addition, Clarkdale-Jerome Elementary School and the Cottonwood-Oak Creek School District are included in VACTE's district.