The Beverly Citizen has posted some more specific early estimates on the FY10 budget. Dr. Hayes will present this to the School Committee tonight at their meeting at the Memorial Building.
According to the report, the estimated budget gap for FY10 is $750,000 with a 3.1% increase in spending. Some more excerpts from the story:
The gap represents the amount anticipated expenses will outpace expected revenue at current staffing and program levels.
The gap, as projected, will likely result in cuts to school programs, Hayes said.
“We’re making pretty broad assumptions in some cases,” Hayes said, noting one of the largest unknowns would be the terms of new contracts with the school district’s seven unions.
All of the numbers were his best current estimates, Hayes said, noting the numbers were reviewed during a recent meeting between him, school director of finance and operations Joan Liporto, city finance director John Dunn and Mayor Bill Scanlon.
The anticipated budget gap is close to the anticipated drop in state education aid, known as Chapter 70 money, of 7 percent. Hayes is counting on $6.75 million from the state government, down from $7.25 this year.
The School Committee will meet tonight in the meeting room at the Memorial Building (room 164). Finance and Facilities meets at 6:30, followed by the Committee of the Whole at 7:30.
11/20 UPDATE: Today's Salem News reports on the meeting. The Committee has asked Dr. Hayes to create a budget that accounts for the $750,000 in cuts. He'll present it to the board in December.