MANLIUS — The Bureau Valley School Board approved the 2013 District Budget at its September meeting:
At a public hearing before the meeting, interim Superintendent Dennis Thompson said the budget reflects a slightly decreased assessed valuation for the district, resulting in about 1.5 percent less in operating funds than the previous year.
Board member Kent Siltman said the district is down about $1.5 million in revenue from the state for the last three years.
Siltman said there was a $1.6 million total deficit in the education, building, transportation and working funds in last year’s budget, and this budget predicts a deficit of $1.2 in those four funds.
“Yes, we’re running at a deficit, but it’s not because we’re spending extravagantly,” he said. “It’s just that our revenue has been cut by a very significant amount.”
The budget includes the transfer of $1.25 million in working cash bonds to the Education Fund and $250,000 to Operation and Maintenance Funds. The board issued $2.9 million in the bonds in July.
Siltman said the working cash money is a “Bandaid” to the real problem.
“Obviously we either have to find some additional revenues, or we have to cut our expenses,” he said. “The administration will brainstorm some ideas to save some money going forward.”
Thompson said any word about personnel cuts wouldn’t wait until the last minute.
“We’re not going to make people happy all the time, but we’re going to make them aware,” he said.
The next regular meeting of the Bureau Valley School Board of Education will be at 7:30 p.m. Oct.15.
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