PERS increases and declining enrollment squeeze Gresham-Barlow finances, staff warn
Budget staff told the committee that PERS obligations and a decade-long enrollment decline are widening the district’s budget gap; officials said using reserves is unsustainable and warned the Ending Fund Balance could fall below policy levels.
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Budget staff told the committee that troubling long-term drivers are straining the district’s finances: Public Employees Retirement System (PERS) contribution increases, a persistent enrollment decline, and the end of temporary federal ESSER funding. Pete Bejarano said PERS expenses have increased “double the amount of inflation” and that the district has been using reserves since 2021.
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