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CFO: State funding boost offsets costs but cyber-charter tuition adds $2M pressure
Summary
CFO Debbie Maslowski told the board the district received about $15.1 million more in basic-education funding and $121,000 in special-ed funding, but noted a roughly $2 million increase in projected expenditures tied to cyber-charter tuition assumptions.
Debbie Maslowski, the district chief financial officer, told the William Penn School District board that state funding updates have materially improved revenue assumptions but that cyber-charter tuition rules remain a key uncertainty for the budget.
"For those of you that don't know me my name is Debbie Maslowski. I'm here at the district as the CFO," Maslowski said before reviewing revenue and expenditure tables. She said the district…
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