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Central Falls presents budget outlook amid potential federal funding changes and $1M projected gap
Summary
District staff told trustees the Central Falls budget shows a projected funding gap next year driven by decreased state funding and uncertain federal grants; staff outlined a $500,000 contingency and said they project roughly 90% of current federal title allotments.
District financial staff presented a budget overview to the Board of Trustees on March 25 outlining state and federal funding projections, potential gaps for next year and operating assumptions as the district builds a new high school.
Staff said state education aid for the district was listed in their materials as roughly $50,700,000 for the current year, down by about $500,000 from the prior year. They projected federal grants at about 90% of current Title allocations under a scenario of federal reductions; staff said that…
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