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District finance update: enrollment dip, MFP adjustment and federal funding uncertainty prompt staffing caution
Summary
Finance staff told the committee revenues and expenditures are currently in line with the budget, but reported an enrollment decline and potential changes to federal funding (Title II/IDEA) that have led the district to pause filling some positions.
St. Tammany Parish School Board finance staff reported on March 13 that revenues and expenditures were currently in line with the adopted budget as of Feb. 28, but discussed an enrollment decline and uncertainty about federal program funding that are prompting staffing and program caution.
"I provided you with a written budget update as of February 28. In the interest of time, I'm not going to go over it in detail but I can tell you that our actual revenues and expenditures are currently in line with the budget so we don't need to do any revisions at this time," Miss Prevost said. Board members pressed for additional detail on enrollment and the…
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