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District warns of deep cuts, uses reserves this year; board urged to press legislators
Summary
Chief Morrison told the board the district used about $23.5 million in reserves to close the current budget gap and is targeting a minimum 5% fund balance; staff illustrated possible impacts of structural gaps (equivalent of ~14.5 school days lost, ~350 educator FTEs) and urged advocacy to state legislators and ballot measure action.
Portland SD 1J staff on Jan. 13 warned the board that a structural budget gap will require difficult choices and that current-year reserves are being drawn down to balance this year budget.
Chief Morrison reported the district is using roughly $23.5 million in reserves in the current year and reiterated board fund-balance targets (minimum 5%). Morrison said late federal compliance…
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