Sunday, July 22, 2012

Reeths-Puffer officials approve $1 million deficit budget, hope for savings through negotiations

Reeths-Puffer officials approve $1 million deficit budget, hope for savings through negotiations | MLive.com
Even with $1 million in spending cuts, Reeths-Puffer Schools is planning to spend $1.1 million more than it takes in for the coming school year.
Negotiations with teachers are ongoing, and any concessions could help the district’s bottom line.
But as it stands now, the fund balance at the end of next year will drop to $1.8 million.
“We are not comfortable with that amount,” said Reeths-Puffer Superintendent Steve Edwards.
About 82 percent of expenses in the 2012-13 budget approved by the Reeths-Puffer Board of Education are staff salary and benefits, Edwards said.

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