Do you want the good news first, or the bad news? OK, I’ll start with the good news: according to the PMA budget projections the district is “only” facing cuts of $1.2 Million for next school year. How is that “good”? – It’s about ½ what we were anticipating. Still brutal, but not as bad as I thought. $1.2M is about 3.5% of our total operating fund, about the cost of 21 teachers.
So if that’s the good news what’s the bad news? In 2014 the deficit is additional $875K, in 2015 an additional $540K, in 2016 another $500K, in 2017 another $500K – through 2017 the cumulative total deficit $12.5 million dollars vs. our current cost to continue. Each year our capacity to provide a quality education is reduced an incremental amount, and the deeply corrosive effects of
’s school funding system continue to degrade our children’s future. And don’t think for a minute that this is, in the long run, saving you money. Wisconsin
I hear people talk of a referendum to balance the budget? To do so would require a referendum that starts at $1.5M and grows by at least $650K each subsequent year. (For every dollar we raise in an operating referendum the state reduces our aid by 30 cents, so we would have to compensate) If you can tell me how to structure an acceptable referendum that meets these conditions, I’m all ears. Of course then we have the funding cliff at the end to deal with.
Eventually we will need additional revenue sources to adequately fund our schools. Perhaps we can expand on Newt Gingrich’s repugnant idea and hire out low income students to clean other people’s buildings as well as our own. (Please note the sarcasm in that last comment!)