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Tacoma Public Schools warns of multi‑million dollar shortfall, announces widespread staff displacements
Summary
CFO Rosalind Medina told the Board of Directors the district faces a projected shortfall and dwindling reserves, prompting hundreds of non‑renewals and displacements across certificated and support staff; the board discussed steps to limit further losses while community members urged different cuts.
Rosalind Medina, Tacoma Public Schools chief financial officer, told the district's Board of Directors that the district faces a budget gap and low reserves that could force deeper cuts if revenues do not improve.
"School district funding is very complicated, unfortunately," Medina said during the board meeting, describing the general fund, revenue sources and the district's current cash position. Medina said the district's general fund this year is roughly $578,000,000 and that 73% of revenue comes from the state. She said the district is projecting a $3.5 million shortfall if current trends hold.
The shortfall comes after multi‑year erosion of reserves and the end of federal stabilization dollars, Medina said. The district's fund balance was about $11 million at the start of the year; Medina said the administration's goal remains to rebuild reserves but the current forecast would prevent that. "If we do end the year today with everything that we know or think at this moment in time we would actually be 3 and a half million dollars in the hole,"…
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