Vandalia Superintendent of Schools Rich Well presented the Fiscal Year 2016 budget to the Vandalia School Board at Tuesday night’s monthly meeting. In his presentation, Well notes that “the district budgets conservatively” and that “revenues are on the low side and that expenditures are budgeted at worst case.” With those projections, a possible deficit balance is shown for the district’s operating funds but Well says the numbers are looking good right now just a month into the school year.
Despite no overall state budget, the education budget that was approved included general state aid at a proration of 92%, up from the 89% proration last year, and Well says that has been a helpful to the district.
One of the cost savings measure that the district undertook this year that will not be an immediate windfall of savings but will hopefully make a larger difference in the future is the moving of students out of Jefferson School. We will talk with Well more about that tomorrow on Newscenter.