Superintendent warns of shrinking reserves, frames referendum amid multi-year gap
Superintendent told the board the district has seen multi-year revenue shortfalls and shrinking reserves — citing more than $2.5 million 'left on the table' from not following CPI adjustments and a per-student shortfall of about $1,400 — and urged outreach for the upcoming referendum.
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District leadership presented charts showing a widening gap between revenue and expenditures and urged community outreach around an upcoming referendum. Superintendent described an estimated revenue shortfall tied to not indexing the general education formula to CPI, saying, “I think it's above $2,500,000 lost or or left on the table because we didn't follow the CPI” and that the difference equates to about “per student of $1,400.”
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