As everyone knows, D181 is facing a multimillion dollar deficit over the next 5 years. The administration was tasked with drafting a "cut list" for discussion by the Board of Education, with the goal of balancing the $1.35+ million deficit projected for the 2018-2019 school year. In checking BoardDocs today to see if the SIX DAY posting had been published announcing a new superintendent's compensation package, we found a new notice for a meeting of the D181 Finance Committee. The meeting is scheduled for February 6 at 5 pm at the Administration Center. Agenda item 3B is titled "Budget Deficit Reduction Discussion." The finance committee will be the first group to "vet" this list before it is presented to the BOE.
There are three documents under this agenda item tab, and we encourage our readers to review them (click to open):
2018-2019 Budget Deficit Reduction Executive Summary
2/6/2018 Powerpoint for Finance Committee called Budget Deficit Reduction
DRAFT - D181 Budget Reductions/Revenue Considerations
We have not yet had an opportunity to review these documents in great detail, other than to see if the Adminstration has come up with a big enough cut list to balance the budget. According to these documents, D181 faces a 2018-2019 projected deficit in the amount of $1,355,994. The goal was to identify at least $1.5 million in cuts in order to balance the budget and create a surplus that can carry over into future years. The DRAFT - D181 Budget Reductions/Revenue Considerations identifies over $1.6 million in proposed cuts for 2018-2019 and an addional list of possible future cuts totalling over $2.1 million.
But will these cuts impact the classroom? Are they fair and responsible suggestions? Are they self-serving in any way for the administration? We will be closely reviewing the documents over the next day or so and will post our opinion on the proposed cuts. In the meantime, we encourage our readers to do the same!
Stay Tuned and SOUND OFF!