Wednesday, January 10, 2007

Money, Money

The State is holding the revenue estimating conference next week. Based on the current state of the economy the experts are expected to tell officials that the budget will be short of the target. So what will that mean for the schools?

Rumor has it the State may pull $100 to $150 per student from this year's budget. That means the reduction in money from the middle school could be $54,000 to $81,000 less, and even more for the total district. So how does a school save that much money in half a year?

I don't know. Luckily, Dr. Guiser has been frugal with the budget and we do have a fund balance to take up some of the slack. Other districts that have not budgeted as well could find themselves in trouble.

The bottom line is schools have a difficult time when our funds change mid-year. Unfortunately, mid-year cuts are always a possibility under the current system of funding.

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