The economic recession is hitting the Cape Henlopen School District, which, in the face of funding cuts, expenses shifts and decreased revenue, is dipping into contingency funds to balance the budget for the 2012 fiscal year.
The school board saw the preliminary 2012 budget for the first time at its July 5 board meeting. Business director Oliver Gumbs said the district is in good financial shape this year, but it will soon be time to discuss programs and how beneficial they are to the district. He said the board may, in the future, be faced with discussions about staffing.
"You have a budget of $85.6 million. It is balanced by using carryover and parts of the reserve fund," Gumbs said. "We took some significant hits from the state."
Gumbs said the district expects to take in $34.5 million in local revenue, and use $4.25 million of carryover and reserve funds. He said Cape should bring in $46.1 million in state revenue and $5 million from the federal government.
In all, the district expects to bring in $81.4 million and use $4.25 in local carryover and reserve money to meet its projected $85.6 million in expenditures.
You can call these statements "the set-up". Because soon, they will be talking about new fees and levies. Books fees. Athletic fees. Advanced placement costs. "Audio-visual" fees. At every level of every facet of government, we are about to be thrown off the cliff, but only after they remove our wallets.
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