Durham Public Schools tackles $26M budget shortfall with strategic staff and finance adjustments

The Durham Public Schools (DPS) Board of Education convened on January 28, 2025, to address critical budgetary issues and operational updates. The meeting highlighted ongoing financial challenges and the administration's efforts to stabilize the district's fiscal situation.

The meeting began with a report from the interim superintendent, Cady Moore, who discussed the decision to withhold 15% of local operating budgets. This measure, initiated prior to the current administration, has allowed the district to access approximately $26.4 million to address a budget shortfall. Superintendent Moore emphasized the importance of this decision in managing the district's finances effectively.

The board also reviewed staffing actions, noting ongoing vacancies and the potential for cost savings through departmental reorganizations. For instance, the finance department successfully consolidated two positions, resulting in savings of about $145,000. The leadership team is actively evaluating other vacancies to determine if they can be absorbed without filling them, thereby further mitigating budgetary pressures.

In terms of financial compliance, Superintendent Moore reported that the district is nearing completion of its external audit. The compliance stage has been finalized, and bank reconciliations are current. The administration is optimistic about presenting a fund balance figure to the board soon, which will aid in future financial decisions.

A significant point of discussion arose regarding the arts supplement, which had been omitted from the budget despite previous efforts to rectify this issue. Board member Mister Tubb expressed concern over the oversight, recalling past studies aimed at addressing the long-standing freeze on arts funding. Superintendent Moore clarified that while the amounts owed for the arts supplements were known, they had not been included in the budget process, leading to confusion. He assured the board that such omissions would not occur in the future.

The meeting concluded with a reaffirmation of the administration's commitment to transparency and accountability in financial matters. Superintendent Moore reassured the board and the public that the district is aware of its financial obligations and is working diligently to balance the budget while ensuring compliance with all regulations.

Overall, the meeting underscored the challenges faced by Durham Public Schools in navigating its financial landscape, while also highlighting proactive measures being taken to address these issues. The board plans to continue monitoring the situation closely and will provide updates on progress in future meetings.