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Story Archives: OP schools fund balance nears $18M
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OP schools fund balance nears $18M
The Ouachita Parish school system will end the current fiscal year with a small surplus in its general fund, pushing its fund balance to $17.9 million.
The 2009-2010 fiscal year ends June 30. The school system's general fund is the main operating account for Ouachita Parish Schools.
"This is a time when revenues are going down and cost is going up, so to have any kind of surplus right now is commendable," said Superintendent Dr. Bob Webber.
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