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r <br />RoforofuUifn Q ancJ A s (continued) <br />9) Wh9t has the district done to controi costs? <br />The school district has made $3,630,311 in budget reductions over the past six years. ($699,336 in 2000-OI. <br />$829,925 in 2001-02. $1,014,550 in 2002-03. $712,500 in 2003-04 and $374,000 in 2004-05). A Citizen's i-inan- <br />cial Advisory Committee works closely with district administration on budget and funding issues. <br />A community based Budget Task Force (19 individuals from the community, teachers, support stafl', administra ­ <br />tion and students) spent several months examining the operating budget of the district and then finally recom­ <br />mended to the Board of Education $1,000,000 of budget reductions or revenue enhancements for the 2002-03 <br />school year. <br />10) Didn't the state Just give schooi districts a big increase? <br />The state did provide a 4% increase in the basic formula amount for this year and 2(M)6-07. This is. however, not all <br />of the district's revenue. The financial projections, with the state aid increases, reflect a shortfall in 2006-07 of over <br />$200,000 of the general fund approximately $19 million budget. However, the stale also provided the authority for <br />school districts to have more local control by authorizing additional operating referendum authority. This operat­ <br />ing referendum would take care of the shortfall, plus an additional 1% of budget to restore a small portion of those <br />reductions made over the past six years. <br />11) How does the district spend its operating funds? <br />General Fund Expenditure per Student <br />ORONO PUBLIC SCHOOLS <br />$4,500 <br />$4,000 <br />$3,500 <br />$3,000 <br />$2,500 <br />$2,000 <br />$1,500 <br />$1,000 <br />$500 <br />$• <br />■ 1999-00 <br />02000-01 <br />■2001-02 <br />■2002-03 <br />■2003-04 <br />■ki I <br />I « <br />5 - <br />if IfII <br />c <br />I § <br /></) T3 <br />Hi H I s <br />i <br />Page 4 • 2005 Relarandum Information