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RSU 40 finance committee freezes budget, cites state aid shortfall and staffing constraints
Summary
The RSU 40 finance committee said it froze the budget and adopted a hiring freeze while monitoring critical positions as it prepares for a projected drop in state aid; members also reviewed capital loan history and food-service funding pressures.
The Chair opened the RSU 40 finance committee meeting and said the district froze the budget in February and implemented a hiring freeze to build fund balance in anticipation of a shortfall in state aid. The Chair said priority will be given to positions that affect student safety while other requests are reviewed case by case.
Committee members reviewed the district's capital…
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