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Bullitt County superintendent warns of $40 million statewide SEEK shortfall; district urges legislators to use rainy day fund
Summary
The superintendent told the board that the Kentucky Department of Education projects roughly $40 million in statewide SEEK funding shortfall this fiscal year; the district is monitoring impacts and asking the legislature to consider the state's rainy day fund to cover the gap.
The superintendent (name not specified) told the Bullitt County Board of Education that the Kentucky Department of Education projects a statewide SEEK funding shortfall of about $40,000,000 for the current fiscal year and said the district is monitoring the situation and urging legislators to consider using the state’s rainy day fund to cover the shortfall.
The issue matters because a statewide SEEK shortfall would reduce state revenue to districts; if the General Assembly does not act to restore the funds, local districts may need to…
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