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North Marion SD 15 hears budget squeeze, approves appropriation revision to finish construction accounting
Summary
District finance staff told the board they are awaiting corrected state school fund numbers and face federal grant uncertainty; the district has reduced approximately 30 staff (about 12% of budgeted FTE) and the board approved an appropriation revision to transfer funds to debt service and correct reporting errors.
District finance staff told the North Marion SD 15 board the general fund remains uncertain as the state continues to revise high-cost disability allocations and federal grant amounts are not yet finalized, leaving the district's ending fund-balance projections in flux.
"We did get numbers for high cost disability for the state school fund for 23-24, and they were all wrong," a staff member told the board, saying updated figures were expected the following day. The same presenter warned that federal uncertainty…
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