Laserfiche WebLink
-2- <br />- Approximately $300,000 in cuts were approved for 82-83. This included reductions <br />in administration, teachers, special education personnel, secretaries, aides, <br />textbooks, supplies and half the late activity bus routes. Summer school was <br />eliminated. Included in these cut. vote $50,000 1. ertra-curricular activities <br />(sports, band, etc.). <br />- $200,000 in cuts were made in 1983-84, including seven teachers. <br />- $10D,000 In cuts were made in the current year, including four teachers, <br />reductions in =for high supplies and a 502 increase in athletic fees. <br />- $150,000 in •dditi opal cuts are planned and included in the budget projectl ons <br />for 1985-87 even if the referendum passes. <br />What is the school district seeking' <br />The referendum is for a tax increase of up to 4t1 mills, beginning with taxes payable <br />in 1985. At current valuations, that amounts to an increase of $496,665. <br />Whet is the district'• financial history, present status and fund projections? <br />Primarily because of the shock -waves from the legislature, the General Fund balance <br />has declined from $1,492,505.63 on 6-30-80 (31.65% of budget) to $323.068.47 on <br />6-30-84 (5.4I of budget). Without the additional revenue ge-ersted by the first <br />referendum, we would now be in deficit. The projected revenues, expenditures and <br />unappropriated balances for the future are shown bel w: <br />Balances <br />With Without <br />Date <br />Revenue <br />Expenditures <br />Referendum Referendum <br />6-3n-84 <br />Balance <br />...............................$ <br />323,088 $ 323.088 <br />6-30-85 <br />$6,133.872 <br />$6,754,941•• <br />202,019 202,019 <br />6-3D-86 <br />6,8D7,262• <br />6,626,300 <br />332,980 (-113,685) <br />6-30-87 <br />6,993.361• <br />7.024.6890 <br />352,152 (-666,012) <br />• Includes <br />$496.665 new revenue from <br />current referendum request <br />•• Includes <br />$100,000 in budget cuts <br />0 Includes <br />$150.000 in budget cuts over 2-year perood <br />Even with the referendum and the addititmal.$150,000 In cuts during 1985-97, the budget <br />Is not balanced. However, the referendum v111 leave the district with a 5I balance <br />(two weeks' operating revenue) on 6-30-87. Not one dolls- of referendum funds is planne <br />What If the referendum does not pass? <br />It is the Board's intention to stay po.itiv. on this issue and not place the referendum <br />to the voters on s negative basis. Orono taxpavers have contlnuously supported a well- <br />rounded, basic educational program which is the reason the funds are needed. <br />However, it must be clearly stated that large cuts beyond the $150,D00 planned for <br />1985-87 would be necessary and would severely damage the educatiocal program. To date, <br />most of the reductions have been in such areas a building operation, supplies, textbooks, <br />travel, secretaries, aides, tranaportati on, assemblies, field trips, band, gifted educa- <br />tion, guidance, adminlatt.tion, athletics, drama And teachers in proportion to declining <br />enrollment. Athl.tic fees were instituted In 1982-83 and increased this year. <br />Class it. in the Y7esentary grades was increased in 1983-94. We would now beFin <br />larger cuts over a 2-3 Year period that would g^ to the heart of the curricular and <br />