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The treasurer regularly updates a financial forecast, based on estimates and trends in expenditures and revenues. The forecast helps schools officials and the board of education plan sustainable programming. School districts are not permitted to operate in deficit, so careful planning minimizes disruptions in educational programming. It drives responsible spending and cost-saving innovations.
The board of education promised voters in 2010 that the district would be able to manage a positive cash balance through 2014. Voters approved an operating levy in 2010, though a significant portion of those new revenue has been offset by reductions in state and federal funding for schools and this year's adjustment of local property values. The board is poised to keep - and exceed - its promise to voters despite the revenue losses because of continued cost-saving measures, including fair contracts with both employee associations. |
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| Updated forecasts for all public school districts are submitted to the state. Click above to search for five-year forecasts and assumptions. |
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