Monday, April 20, 2015

FIVE-YEAR SCHOOL DISTRICT PROJECTION SEES $20 MILLION DEFICIT LOOMING

As the Board of Education seeks to implement a proposed $123 million budget that has some sharp cutbacks in foreign language and other reductions, a projection in future revenues and expenses finds a $20 million gap may develop in the next five years between income and expenditures.

A recent projection document released by the district estimates that while revenues will increase from $123.4 million during the 2015-2016 school year to $134.3 million in the 2020-21 budget, expenses are likely to jump from $123.4 million to $154.8 million.

That, of course, is based on an estimate that state aid remains flat and other elements that could change. 

Still, it means that in 2020-21, a $20 million deficit could occur.

See the projections below:



1 comment:

Unknown said...

polo ralph lauren pas cher cheap still looked polo ralph lauren pas cher very calm and smoking cheap, tightly clutching his hand. sale turned and asked polo ralph lauren pas cher Fifi, you're not afraid ralph lauren pas cher of it. cheap shook his head and said fear, but with you it does not matter polo ralph lauren pas cher even if his http://www.niveaspecialk.fr death. Fifi, I love you.