District Administrators Discuss the School Budget Challenges Ahead
In the following Podcast Peru School Superintendent Dr. Thomas Palmer and Business Administrator Randy Sapp discuss the 2020-21 school budget-making process and the challenges presented by state-aid cuts. This year state aid comprised about 52% of the school’s budget. The property tax is the other major revenue source.
Dr. Palmer mentioned the financial scenarios he presented to the School Board based on small, medium and very large cuts in state aid. He also presented various pandemic scenarios that would impact on-campus learning, remote learning, and sports. All the scenarios were speculative.
Dr. Palmer also touched on the recent property reassessments and their impact on the tax levy and tax rate.
Posted: May 16th, 2020 under Education News, Peru School News.