OOOOR… now hear me out… they could spend less money. I know! Crazy, right!
The Janesville School District likely faces a deficit heading into the 2021-22 school year, and any referendum it proposes will have to address both building and operational needs, school officials were told this week.
Chief Financial Officer Dan McCrea told the school board Tuesday that even before the coronavirus pandemic, the school district faced a $2.5 million deficit as early as 2021-22.
With state aid cuts expected because of lower state revenue, that deficit probably will be closer to $3.5 million. Unless addressed, it will grow every year.
As a result, Janesville soon will join school districts around the state that must ask local taxpayers for extra money just for operations. The district also must address the needs of its aging buildings that can’t be met in its $1.4 million annual capital improvement budget.