The Fiscal Year 2014 Financial Report will be presented to the Knoxville School Board today.

According to the report, total general fund revenues for the district increased by more than $570,000 dollars due to increases in local and state resources. General fund expenditures increased by over $100,000 dollars due to normal annual increase in employee salary and benefits costs along with unexpected costs directly related to the high number of retirements and replacing those retirees.

The Knoxville School Board will meet at the Board of Education meeting room beginning at 5:30pm.