By Justin B. Duke • jbduke@nky.com
Boone County Schools staff is preparing the 2012 budget, and there isn’t much celebrating. “It’s not going to be pretty,” said Board of Education chairman Steve Kinman.
The board approved a draft budget Jan. 13, but the final budget, which goes into effect July 1, isn’t due for several months. After cuts in state funding were recently announced, the district is looking at an $8 million deficit.
“It’s going to be a tough year to make it,” said Superintendent Randy Poe. At this point in the budget process, it’s not unusual to be looking at a deficit between $3 million to $5 million, Kinman said.
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The Boone Blog » Boone Schools’ early budget sees $8 million hole Kentucky Enquirer nky.Com
Education Dept. Reverses Itself and Reopens Two Loan Repayment Plans
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The department had been trying to phase out the two plans in favor of a
more generous new one that has been tied up by litigation since this summer.
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