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Treasurer warns state funding changes could reduce district revenue by roughly $1.3 million over two years
Summary
Treasurer reported the district may face reductions tied to the state’s fair school funding implementation and changes in DPIA/CEP coding; the district’s cash balance and prior savings were cited as buffers while federal grant uncertainties could affect staffing decisions.
In his July 14 report, the district treasurer (recorded as Mr. Schenkel in the meeting) summarized the district’s fiscal year performance and the state funding landscape, saying the district was under budget for the 13th consecutive year and received a clean audit.
The treasurer described changes tied to the state’s fair school funding rollout and to recent adoption of the Community Eligibility Provision (CEP) coding for students (referred to in the meeting as DPIA…
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