Taylor reported, “Next year’s budget is facing significant pressure from the rapidly growing special education expenditures, which is comprised of more students needing services, an increase in the services that these students need and the rising costs of the contracted services for these students.” Other budgetary pressures include those stemming from inflationary costs. The proposed budget has been available for public inspection on the district website since April 28.Īccording to school board secretary Michael Taylor, the top three factors for the deficit were a $3.6M increase in special education expenditures a $500K increase in electricity expenditures and a $700K increase in debt service for the current renovations of Franconia Elementary and Indian Valley Middle schools. ![]() ![]() ![]() Those three taxes, under Act 511, are shared equally with participating municipalities.Ī deficit of $1,962,222 would be made up from fund balance.
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