The first Budget Committee meeting is set for May 14

The Sherwood School District is projecting a $39.7 million general-fund operating budget for the 2013-14 fiscal year, but that is dependent on cutting $1.8 million, with several of the strategies and proposals in flux as the Gazette went to press April 25.

“Our target is still $1.8 million (in cuts),” said Wayne Lowry, the district’s chief financial officer. “Our reduction list includes a number of positions and a number of other strategies that we are not ready to talk about in detail.

“We have also proposed a list of four wage-and-benefit concessions to our employee groups. We are hoping to get decisions on that proposal in the next few weeks. The proposal includes a reduction in costs for health care, savings from the PERS pick-up, COLA adjustments and furlough days.”

According to Lowry, the projected savings from those four items that include Public Employee Retirement System and cost-of-living adjustments is just over $1.2 million.

“If they were all agreed to, our need to reduce staff would diminish,” he added.

The first Budget Committee meeting is scheduled for Tuesday, May 14, from 5:30 to 7:30 p.m. in the media center at Laurel Ridge Middle School, 21416 S.W. Copper Terrace, and the public is invited to attend.

“At that meeting, we will deliver the budget message and discuss the proposed budget for 2013-14 with the Budget Committee,” Lowry said.

Contract Publishing

Go to top
Template by JoomlaShine