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Asheville City Schools projects about $7 million shortfall; board weighs cuts, enrollment strategies and grant options
Summary
Finance staff told the Asheville City Schools board the district faces an updated projected shortfall of about $6.95 million and outlined staffing and program changes staff will model to reduce the gap.
District finance staff updated the board on an emerging budget shortfall of roughly $6.95 million for the coming fiscal year and presented options staff will model to narrow the gap.
Heidi (district finance staff) summarized pressures that drive the projected deficit, including lower student enrollment (ADM) that reduces state position allotments, continuing deficits in preschool (about $800,000 this year), an approximately $2 million shortfall connected with exceptional-children funding caps, uncertainties in state-level funding and possible large teacher-pay proposals, and recent operational and capital demands after the hurricane.
Heidi advised the board that the projection had been refined downward from an earlier…
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