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School faces budget crunch
From Silverton Standard, the place where you can write!
Posted on April 10 2014, 12:51am by Mark Esper in Local News category
Silverton School Superintendent Kim White warned the school board on Tuesday that “substantial cuts” in spending are likely to be needed as the district again faces meager state funding.
And she said the school’s staff has been brainstorming ideas, including the possibility of a 4-day school week to try to make ends meet for the next school year.
White pointed out that the state legislature is still working on the final school spending formula, making it difficult for her to draft a budget for the next school year.
“It’s kind of in limbo until they make some decisions,” White said.
Last year the school district had to use $238,000 from its reserve funds to meet operating expenses of about $1.4 million. That drew down the district’s reserves to about $400,000.
 
 

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