Riverside School Board Considers Cost Reductions Amid Financial Deficit
1 report, 1 independent
Updated Mon 00:00
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What happened
Riverside School Board officials are considering proposals for continued cost reductions and a May levy to address a financial deficit projected to grow in the coming years. The board met on November 5 to discuss next steps after voters rejected an earned income tax proposal on November 3. Superintendent Chris Rateno presented additional cuts that the district could implement for the 2027-28 school year.
From news-herald.com
Why it matters
The district forecasts that it will need to implement approximately $2 million in operating cost reductions by the start of the 2027-28 school year. These measures follow past savings of $2.95 million to $3.35 million, which were achieved through changes to health insurance and staff reductions.
From news-herald.com