July 17, 2018

Region 4 School District Returns $67,875 to Member Towns

DEEP RIVER, CT – During its most recent meeting, the Region 4 Board of Education voted unanimously to return $67,875 to member towns based on the 2011-2012 financial audit conducted by the accounting firm Grant Thornton, LLP. The Region 4 School District covers John Winthrop Middle School and Valley Regional High School.

“The Region 4 School District is entrusted with the resources needed to provide all our students with the opportunity for an excellent education,” said Dr. Ruth Levy, Superintendent of the Region 4 Schools. “Our Board and Administration work diligently throughout the year to meet this obligation while conducting our business in a financially responsible manner at all times.”

Funds are returned based on the number of students enrolled from each town during the 2011-12 school year. The 2011-12 surplus will be refunded as follows:

Town of Chester $18,734
Town of Deep River $19,765
Town of Essex $29,376

TOTAL $67,875

The district continually looks for budgetary efficiencies throughout the year, and has consistently been able to return funds to member towns. The approved budget for the 2011-2012 school year was $17,324,933 and expenditures for the year came within ½% of the appropriation.

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