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Finance director outlines $1.6M state funding shortfall and proposes supplemental budget reductions
Summary
Mr. Hogan told the board the district’s loss of about 170 students last year reduces state school fund revenue by roughly $1.6 million and lowers the special‑education weighting cap; he proposed a supplemental budget adjustment and plans to bring a resolution next month to reduce the salaries/benefits budget and adjust contingency.
Mr. Hogan delivered a detailed financial update at the Nov. 19 work session, saying the district lost roughly 170 students last year and that the resulting decline in average daily enrollment will reduce state school fund revenue by an estimated $1.6 million. He also said the drop affects the special‑education cap (the district’s SPED share falls under the 11% cap), which amplifies the revenue loss. "So we're gonna receive about 1,600,000 less of state school fund," Hogan said, and added that the combined effect…
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