Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Cherry Hill School District official outlines zero‑based budgeting as state aid and reserves shrink
Summary
Assistant Superintendent Jason Shimpf said the district has lost nearly $9 million in state aid since 2023‑24, is using a new zero‑based budgeting process, and is balancing options including banked levy cap and one‑time surplus funds as reserves are depleted.
Jason Shimpf, the Assistant Superintendent, Business Administrator and Board Secretary for Cherry Hill Public Schools, said the district is shifting to a zero‑based budgeting approach as it confronts multiple years of declining state aid and depleted reserves.
Shimpf described the process on the program hosted by Dr. Morton, saying the district begins planning in October, asks school and department leaders to build budgets from the ground up in November, and pauses submissions in mid‑January for administrative review. "We're gonna build or you're gonna build your budgets from the ground up," he said, describing the change from incremental to zero‑based budgeting.
The move comes amid a multiyear revenue shortfall. "We've actually lost almost $9,000,000 in state aid since the 2023‑24 school year," Shimpf said, and he added that the district received a roughly 3% reduction in the most…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
