Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
CFO Sydney Grama warns of financial emergency as SSD of St. Louis County outlines large FY27 shortfall
Summary
At a May work-study, CFO Sydney Grama told the Special School District of St. Louis County board the district faces both revenue shortfalls and rising costs that together create a projected multi‑year deficit; staff outlined cuts, a possible tax-rate review and capital plans tied to an Ameren grant for electric buses.
CFO Sydney Grama told the Special School District of St. Louis County board at a May work‑study that the district is facing both revenue and expenditure challenges that have produced what she described as a financial emergency and a multiyear budget shortfall for fiscal year 2027.
Grama said staff are taking a “conservative approach” to the FY27 budget and that the district is projecting lower revenues because 2026 is a non‑reassessment year and because of ongoing state funding uncertainty. "This amount in no way covers the cost of educating one of our students," she said when describing the state aid payment level and the gap with the state adequacy target. She added that transportation aid is projected to fall by about 7.6% for FY27.
The presentation summarized recent deficit history and cost drivers. Grama said the district began FY25 with a roughly…
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
