Monday, May 24, 2010

Caddo School Board faces $10 million deficit

Between now and June 30, the Caddo Parish School Board must find a way to plug a $10 million deficit for its 2010-11 budget.

That could mean a more than $20.2 million cut in instructional areas and $5.7 million from central office. More specific areas that could loose funding are regular and special education and school administration.

A formal recommendation has not gone before the School Board, but other cost-cutting measures include changes in policy, staffing formula, layoffs and hiring freezes. Dawkins added that according to the staffing formula, some schools are over staffed.

But he continually reiterated that nothing has been finalized.

"Just know that I'm considering everything to get us where we need to be," Dawkins said at the first budget work session last week.

It was more of a show-and-tell meeting, and district officials reviewed the $40.9 million impact brought on by a reduction in state funding and other "items impacting operations."
The School Board has about $33 million in its reserve funds, but Finance Director Jim Lee says
that will soon be drained.


The board will meet today at 4:30 p.m. to hammer out the upcoming budget, and another meeting is set for Tuesday at 4:30 p.m. if necessary.

How should Caddo deal with its budget woes? Vote below.








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