So what does this mean? Well, assuming that the board will use its levying authority under the referendum and the state funding formula, the gap is smaller than the reported (and internalized) $30 million. It is probably more like the $17 million in state aid cuts plus the $1.2 million in budget items for which there is no funding source. Or, by higher math, c. $18.2 million BEFORE the board makes its budget adjustments and amendments. (This process will take place between now and the final vote on May 4, and will likely involve a combination of cuts recommended by administration and cuts proposed by the board.)
This means that the draconian school closings and massive staff layoffs reported earlier are unlikely to happen. Indeed, the board added one cut to the list at Monday’s meeting when it voted to cut $43,000 in funding budgeted to produce a communication plan.