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District financial officer warns of $1 million enrollment hit and large pension cost increase

North Wasco County SD 21 Board · October 25, 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

North Wasco County SD 21's chief financial officer told the board an 80-student enrollment revision and a sharp pension-rate rise could combine to create a multi‑million dollar budget gap; staff said they will spread the loss and may return to the board with further actions.

North Wasco County SD 21’s chief financial officer, Mr. Grantham, told the school board on Oct. 24 that the district has revised its enrollment downward by roughly 80 students, a change he said would translate into about a $1,000,000 revenue shortfall.

"I took it down 80 students to 28 20, and waited weighted students that would be about a 100. That's about 1000000 dollars," Mr. Grantham said during the financial review. He said the district reduced its estimate now so it can "spread that reduction over…

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