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Greater Albany district projects gap as enrollment falls; officials say staff reductions may be required
Summary
Business manager Jane presented multi-year budget projections showing a projected 2024–25 shortfall and a longer-term structural deficit if enrollment and state funding do not improve. Board members pressed for enrollment surveys and other steps to understand and address declining student counts.
The Greater Albany Public SD 8J business office presented projections showing the district expects lower state funding tied to second-period Average Daily Membership and other revenue pressures, leaving the district with a narrower margin than budgeted and a potential multi-year structural deficit.
Business financial lead Jane told the board that auditors from Acuity will conduct the 23–24 audit next week and that “if we have the audit to ODE before March 1st, we would receive funding in March.” Jane said the district received property taxes and is currently carrying a positive cash balance but that projected 2024–25 revenues will…
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