The Yorktown School District is sitting very well financially, perhaps the best it has ever had.
Yorktown Independent School District trustees held their regular meeting on Dec. 18. The first item of business was the financial audit report given by Cameron L. Gulley, certified public accountant of Eastland.
The audit showed the district saw $28.3 million in revenues in the last school year. Almost $400,000 of that was from state sources and about $375,000 was from federal sources.
Total expenses during that year was $17.5 million. The district spent almost $2.6 million on instruction and $535,000 on maintenance and operations. General administration totalled about $319,000 and extracurricular activities was $277,000. Food services cost $254,000 and student transportation was $222,000.
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