ITEM NUMBER: 4.C.
School Board Regular Meeting
- Meeting Date:
- 05/04/2020
- Prepared By:
- Tom Sager
Item Type:
Information
Subject:
Budget Adjustment Update FY21
Background:
Director of Business Services Tom Sager will present a summary of budgetary cost containment plans for the 2020-2021 school year. This summary is a compilation of work and feedback beginning in November 2019. The school district remains committed to its fiduciary responsibilities by aligning its revenues to expenses and planning for the future. While this plan reflects a decrease in the rate of expense growth for FY 21, it is important to note that the expense budget for next year will increase by $4.7 million or 3.54 percent.
Recommended Action:
None.