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Bethlehem Area SD sees $8M-plus budget gap; board asks for options before May
Summary
Officials reported an $8M-plus projected shortfall and $3.99M in planned reductions; administrators said they may use fund balance, further personnel reductions, or a millage change and will return with refined budget options at the next meeting.
District finance staff told the Bethlehem Area School District board on April 20 that revenue performance is steady but expenses are high and the district faces a remaining budget gap of just over $8 million under current baseline assumptions.
Mister Ristakasian summarized the budget position: revenues year to date are “doing pretty good,” but expenses are about 75% used with 2½ months left in the fiscal year. He noted accounting recognition of the Baptist building sale as a one-time revenue item and described planned reductions…
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