The Laredo R-7 Board of Education has amended the current budget for the fiscal year ending June 30, 2016, and adopted a new budget for the year beginning July 1.
Information provided by the Laredo school shows amendments were approved to the 2015-16 budget leaving a tentative fund balance estimated at around $695,000 dollars.
The new budget shows what Laredo officials describe as a surplus of $1,181. Expenditures and revenues are in the area of $952,000.
In personnel actions, the board accepted the resignation of Melody Prescott from the parents as teachers position. And Keri Foster of Laredo was approved as a paraprofessional for the third and fourth grade at the Laredo School.