School board to delay budget hearing
The board is scheduled to meet Wednesday to consider moving the hearing from Tuesday, Sept. 14, to Monday, Oct. 18.
Added costs recently came to light, so it makes sense to wait so that a more accurate budget can be presented to the public, board President Bill Sodemann said Friday.
Negotiators for the teachers union and district recently reached a tentative contract settlement that would mean an unbudgeted expense of about $1 million, officials have said.
The district also recently learned that it might have to budget for an extra $1 million for health insurance costs.
The board has yet to discuss how to deal with the $2 million shortfall, but there appear to be three ways: budget cuts, higher taxes or dipping into a reserve fund.
Sodemann said the board would take up these and other budget issues at its regular meeting Sept. 14.
A special school board meeting is set for 7:45 a.m. Wednesday at the Educational Services Center, 527 S. Franklin St., to consider moving the public hearing date. Sodemann expects the meeting to be brief.
Last updated: 3:03 pm Thursday, December 13, 2012