Still Seeking Revenue to Close School Deficit
One-time money and new sources could reduce $665K hole in district budget.
When the town initially came out in November with its estimate on available revenue – the total money to pay for services in town for the next fiscal year starting July 1 – the total came out to be $73,650,000. And four months later, at a joint meeting of the Belmont Board of Selectmen and the Belmont School Committee this past Friday, March 16, the number were recalculated to find the revenue figure is now $73,652,000, a difference of 2,000 extra dollars for the town and schools to spend. Even though the difference is a positive and not a negative, it is far from the $665,383 hole the Belmont School District now finds itself attempting to fill to reach its level service budget for the 2013. While the initial response from School …
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Towney
1:44 pm on Tuesday, March 20, 2012
Hmm...maybe that's because the Town continues to underfund the schools: providing inadequate funding to support the programs that residents want and expect. That requires the schools to keep coming back each year and saying "we don't have enough money to pay for these programs that our residents want." Rather than doing the right and sensible thing and passing a prop 2 1/2 override to generate … more ›