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Superintendent: Guthrie district to lose just over $377,000 in midterm state-aid adjustment
Summary
Guthrie Public Schools Superintendent Dr. Simpson told the board Jan. 12 that a midterm state-aid recalculation will reduce the district's allocation by just over $377,000, a change the district attributes to rising local property values; he said leadership is discussing how to absorb the reduction and announced the teacher-of-the-year celebration on Feb. 23.
Guthrie Public Schools Superintendent Dr. Simpson told the Board of Education on Jan. 12 that a midterm adjustment to state aid will reduce the district’s allocation by just over $377,000.
Dr. Simpson explained the reduction results from increases in local property values: “While we are steady with enrollment and similar weighted ADM, this is simply making up for the growth in local funding due to the growth in property values within the district,” he said. “We will receive a reduction of just over $377,000 from our initial allocation.”
The superintendent framed the adjustment as an expected budgetary effect of local revenue growth and said district leaders are already discussing the implications with staff: “So, Dr. Chappell and I have been talking about this, and, we'll be fine,” he said.
Dr. Simpson used the report to also note that January is Board of Education recognition month and that the district placed a small token and a certificate from the Oklahoma State School Boards Association (OSSBA) on members’ seats. He announced the teacher-of-the-year celebration will be held Monday, Feb. 23, at Meridian Technology Center South Campus beginning at 5:30 p.m., and invited the community to attend.
The board did not take any formal budget votes at the Jan. 12 meeting; Dr. Simpson’s update described the adjustment and the district’s planning but did not include any new policy or spending decisions.
