The Transylvania Times -

Academy Board Approves School Budget


May 13, 2019

The Brevard Academy: A Challenge Foundation Academy Board of Directors unanimously approved the school’s budget for the 2019-20 school year last Wednesday evening.

School Director Ted Duncan presented two budgets: one based on 415 students and one based on 420 students. The board decided to accept the budget based upon an estimated enrollment of 420 students.

The Fiscal Year 2020 budget projects revenues of $4,411,692 and expenditures of $4,354,746 for a surplus of $56,946.

“I’m very comfortable with this,” said Nick Iosue, board vice chair and treasurer, of the budget. “I fee...

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