Meeker

MSD budget available; only $150,000 of reserve funds needed

MEEKER I Meeker School District’s RE-1 (MSD) budget for fiscal year 2014-15 is available at the administration building for public review. The budget estimates $5.7 million in revenue, $5.8 million in expenses with a $150,000 deficit to be covered by reserves.

The MSD Board voted to refinance a portion of the elementary school bonds for an estimated savings of $57,000 annually. By law, the savings would go to paying down the principle on the bonds.