7.96M Spending vs. Revenue Gap Projected for the Madison School District (2006 - 2007 Budget)

Sandy Cullen:

Madison School District administrators are projecting a $7.96 million gap between what it would cost to continue the same services next year and what it will be able to raise under state revenue limits.

A gap of $6 million to $10 million had been projected.

[ed: 2005-2006 budget is $321M+]

There are many factors that affect the district's budget including enrollment (flat or slightly declining - every time a student leaves, the district loses spending authority), state and federal redistributions, state spending caps (district spending, which increases annually is limited by enrollment and a % growth), health care costs and program choices among many others. Details here.

Posted by Jim Zellmer at February 19, 2006 7:44 AM
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