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St. Martin Parish Schools air plans to cover budget gap; board to continue using fund balance
Summary
Board members discussed a growing budget shortfall driven by enrollment declines and higher charter payments. The board has voted to continue using the fund balance to support day-to-day operations while staff develops recommendations to reduce costs and prioritize capital projects.
Speaker 1, an unidentified district staff member, told the board the draft budget allocates roughly $5,000,000 of a $12 million pot to maintenance and facilities and that the district must adopt a budget by Sept. 15. "We are required to adopt a budget by September 15," Speaker 1 said.
The board discussed how to close a multi-million-dollar shortfall. Speaker 3 asked, "So in this case, what's our plan to get out of the deficit?" Speaker 1 said the board previously voted "to continue to operate in the manner and use our fund balance to continue day to day operations." That action was described in the meeting as a continued use of reserves to bridge near-term operating needs while staff…
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