Columbia Public Schools has approved a $266 million budget for the 2013-2014 fiscal year. The budget projects a three percent increase in local assessed valuation.
The $266 million budget also includes a planned excess in spending over revenues by nearly $3 million.
The district will operate the salary schedule for employees on a salary schedule. Employees who are not on a salary schedule will receive an increase similar to the schedule increase of about 1.77 percent.