The approved 2011-12 school operating budget is $64 million, up 3.4% from the previous fiscal year, plus $9 million for health insurance, which brings the total Board of Education budget to $73.1 million, up 2.96%. School debt service is $8.4 million, up 3.35%, in the current year, and school capital expenditures total $652,127 million, a decrease of 44.4%.