The Polk School board approved a final draft of the Fiscal Year 2013 budget during a special session meeting Tuesday night.

The total budget comes to $54 million based on a balance of $4 million available to the board from last year and expected tax revenue.

Board member Tommy Sanders said during the meeting he was concerned that the district would not bring in the projected $13.2 million in local taxes listed on the budget.

Alan Melson, director of Financial Services noted that the board had approximately $400,000 in unbudgeted funds from last year in the event of a shortfall.

Superintendent Marvin Williams also stated that the board could amend the budget at any time during the year if revenues were above or below projected levels.

The budget was approved in a 6-3 vote with board members Grady McCrickard, Dan Forsyth, Susan Berry, Tim Turner, Tara O'Neal and Chuch Thaxton voting for and Jane Holbrooks, Tommy Sanders, and Andy Fairel voting against.

The General fund budget as approved: Revenue

Local Taxes-$13,200,000 (26.18 percent of total)

Other local sources-$255,000 (0.15 percent of total)

State Sources-$36,970,574 (76 percent of total)

Total Revenue-$50,425,574

Projected beginning balance-$4,200,000

Total Revenue and beginning balance-$54,625,547

Expenditures

Instructional-$39,415,988 (74.33 percent of total expenses)

Pupil services-$1,074,876 (2.03 percent of total expenses)

Improvement of instruction-$590,183 (1.11 percent of total expenses)

Media-$951,207

General administration-$446,114 (0.84 percent of total expenses)

School administration-$2,894,945 (5.46 percent of total)

Business-$782,869 (1.48 percent of total expenses)

Maintenance-$4,337,252 (8.18 percent of total expenses)

Transportation-$2,149,588 (4.05 percent of total expenses)

Central Support-$33,892 (0.06 percent of expenses)

Other uses-transfers-$350,000 (0.66 percent of expenses)

Total expenditures-$53,026,915

Projected ending balance-$1,598,659

Revenues and expenditures for all other funds:

Debt Service-$4,855,000

Title I-$3,179,953

Title II part A-$393,191

Title III part A-$92,060

Federal Special Education grants-$2,519,430

Homeless Children and Youth-$67,157

Title VI part B-$238,025

Federal Vocational-$97,108

Pre-K Lottery-$1,027,000

School Nutrition-$3,516,452

Total of all other revenue and expenditures-$15,985,376