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End-of-year financials
The School Board also reviewed end-of-year financial information at the payout meting, and agreed to final purchases and book-balancing budget transfers. Among the financial issues discussed were the cafeteria’s loss of approximately $8,000 through the fiscal ye^r, attributed to unanticipated equipment purchases and leave buyouts, a|id overall school system expenditures that matched
revenues received J ($8,220,986.36) but came in undqr the Board of
Supervisor’s appropriation by $259,385.28. }
The Superintendent also received Board affirmation 4>f his emergency purchase of ir^lurance though Insurance Partners, that includes fleet and related coverage not underwritten by the current carrier, VSBA.
Other activities
• School Board member Franklin Warner announced that the Ruritan Club had granted $1,000 scholarships to Amber Welch and Jeff Simeon in recognition of their academic achievements and community service.
• The Board also discussed the prospective Board of Supervisor’s “Citizen’s Committee to Investigate Alternative School Financing,” and generally expressed hopes that the committee would seek the advice and council of the School Board and work cooperatively with them.
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