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Centennial board hears budget warning after 89-student shortfall; district may face nearly $1 million impact

Centennial School Board · November 12, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Director of business and operations Paul Sotherton told the Centennial School Board that October enrollment of 5,550 was 89 students below forecast, translating to an estimated nearly $1,000,000 shortfall and raising concerns about next biennium costs tied to PERS and roll-up expenses.

Director Paul Sotherton, the district's director of business and operations, told the Centennial School Board the district closed 2023-24 with revenue and expenses "just under 77,000,000" but is already seeing enrollment pressure for 2024-25. "Beginning this year, we, current enrollment in October was 5,550 students," Sotherton said, and later noted the district was "89 students lower than what we are forecasting and that's what you see on the 2nd row...which has…

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