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Board approves revised FY 2023-2024 budget, demonstrating North Kings GSA’s good financial standing 

The North Kings GSA Board of Directors unanimously approved the revised budget for Fiscal Year (FY) 2023-2024 at their May 23rd meeting. This approval comes after the North Kings GSA found its total spending to be under budget by about $58,000.

The North Kings GSA’s total expenditure dropped from $532,000 to $474,000 for FY 2023-2024, depicting savings due to overall spending being below the budgeted amount. The budget was revised to include adjustments to service costs and reflect a reduction in expenses for legal services, security services, and staff expenditures.

The North Kings GSA remains in good financial standing and continues to diligently monitor its budget for the remainder of the fiscal year, which will conclude on June 30th.

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