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Board hears warning on Cereal City Science fund balance as kit sales decline; staff to return with options
Summary
District finance and curriculum staff said Cereal City Science has run multi-year operating losses as school kit purchases declined; the board was told staff are exploring curriculum redesign, new markets and print-shop revenue to stabilize the program.
Herb Hayden and district staff briefed the board on the mounting financial challenges facing Cereal City Science, the district-operated curriculum and materials program, saying operating losses have persisted for five years and the fund balance has fallen sharply.
Hayden said revenue fell after COVID as districts bought fewer science kits while salaries, benefits and utilities rose. “In the past, the Cereal City Fund balance used to be about $2,000,000. But as the years…
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