Why is the District proposing over $7,000,000 in budget reductions?
Current year deficit spending will be about $5,000,000. Current expense projections for 04 – 05 include no increase for medical insurance premiums. Preliminary cost increases provided by health care providers indicate that the increase will probably be in the $1,000,000 – $1,500,000 range. Our Average Daily Attendance, which generates the majority of our revenue, will be about 100 students less than what was projected in the current budget. This translates into a revenue decrease of slightly over $500,000 for the current year. Currently we have not included any increases for utilities, fuel, supplies etc.
