Schools
StatShot: How Do District 210's Finances Look?
This week's StatShot looks at the numbers presented by D210 Superintendent Lawrence Wyllie in his presentation about possible fee hikes and cost cuts.
Following in a sad tradition set by and more recently , is the latest area school district to announce possible budget cuts and fee hikes in the wake of cuts and late payments from the state.
The district's projections, as pulled from the pdf document attached to this article, say that without some changes, the district's Educational Fund will be nearly $4.8 million in the hole by the 2016-17 school year.
The district is considering a slate of fee hikes and cost cuts to try to make up for the budget shortfall. Cuts, some people including board President Arvid Johnson feel, won't be enough alone.
Find out what's happening in Mokenawith free, real-time updates from Patch.
"We can't cut fast enough to keep up with the state," Johnson said.
Find out what's happening in Mokenawith free, real-time updates from Patch.
Educational Fund Fiscal Year Net (revenues vs. expenditures)
2010-11 (Actual) 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 -1,054,014 -222,050 -1,548,159 -1,499,910 -1,500,000 -1,500,000 -1,500,000Educational Fund Balance
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