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Pasco district leaders propose temporary reserve cut and staffing attrition to close $6.9M shortfall
Summary
District finance leaders told the board a combination of lowering the district's unrestricted fund balance and $4–5 million per year in staffing reductions via attrition could close a projected $6.9 million budget shortfall; the board will be asked for direction on reducing the 5% reserve at a later meeting.
Pasco School District officials told the Board of Directors they are projecting a roughly $6.9 million shortfall this school year and recommended a multiyear strategy that would temporarily lower the board‑mandated unrestricted fund balance and pursue staffing reductions largely through voluntary attrition.
The steps matter because the proposed approach aims to avoid immediate layoffs while aligning district staffing and spending with a slower enrollment trend and rising operating costs, but it would reduce the district’s financial cushion and could affect credit ratings and future borrowing costs.
Executive Director of Fiscal Services (presenting as Dr. Castilleja) said enrollment came in lower than expected and several cost lines—utilities, insurance and fuel—have risen. “When all is said and done, the long and short of it is, the projections at this point, it's looking at like we will be short…
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