NDN fan 4ever
100+ Posts
One more tid bit of info, the fiscal year for 2014/2015 does not start until September 1st. There is still money left, plus you add in the money to be received, but bills have to be paid for August and September, so this is also part of the guessing game...What I am saying is, there is no fault to be placed, it is a wait and see type of situation, and this is an every year thing. If there is a deficit, the district has to go into the savings acct, if there isn't a deficit, they usually put the excess in the savings acct. The new budget controversy comes into play, because the budget was figured on a 3% raise for all employees, except the maintenance dept (handful of people in the grand sceme of things) and bus drivers (also a handful of people). the board amended the proposition by adding in these two groups and added step raises for teachers. Shouldn't be much of an increase from what was proposed by the Superintendent, some differences were only like $150.00, others lesser amounts, for the step increases. I hope this helps you understand school finance - it took me years to understand it. ;D