The Nashville Community High School Board of Education met last night for their regular monthly meeting.  Superintendent Wendy Davis presented the 1^st Quarter Budget Review.  They have currently only received 16 percent of their expected revenue from taxes and state funding.  Currently, she says they have only spent 22 percent of their budget at this time, so that is in line with what they try to spend.  They have received just over 21 percent of the money they anticipated in the Operation and Maintenance Fund, but have also spent just under 25 percent of expected expenses.  Any grants could aid this fund at a later date.  They have received nearly 20 percent of anticipated funds, but the bills have not really come in from transportation this early in the year, so only 6 percent of their budget has been spent, but that will go up as the bills begin to come in soon.  Davis talks about the cash flow as well.  It is negative, due to the lack of state funding coming in for the education fund, while negative for the operation and maintenance fund, due to the lack of taxes coming in, but the transportation fund is positive, due to the fact that bills have not been coming in yet, but the school’s bank account can cover these negatives at this time.  A more accurate look at the budget will be after the 2^nd quarter ends.