Ken-Ton Schools Deal with Enrollment Drop

September 24, 2012 Updated Sep 24, 2012 at 7:24 AM EDT

By WKBW News

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September 24, 2012 Updated Sep 24, 2012 at 7:24 AM EDT

KENMORE, NY (WKBW) - The Ken-Ton school district is facing challenges, which could lead to the shutdown of a high school and possibly even more schools. That's the focus of a report in this week's Business First. The Kenmore-Town of Tonawanda school district has two high schools, but districtwide enrollment has dropped almost 66 percent. At one point, Ken East and Ken West had about 3,000 students apiece.

Now they have fewer than 3,000 total.

This year, the district shutdown Jefferson Elementary School, stirring controversy. Now the district is looking at future finances and says "every single school and every single grade-level configuration" will be considered.
The school board is supposed to meet Oct. 2.

In banking news, M&T is expanding in Amherst, thanks to growth in mortgage servicing. Business First says M&T signed a new long-term lease with Ciminelli Real Estate Corp. for 40 John Glenn Drive in Audubon Business Park and will double its space there. The bank could add up to 200 new local jobs in WNY.

Meanwhile, HSBC Bank's local workforce will shrink a bit in coming months. Business First says the first wave of cuts is set to hit the bank's U.S. anti-money laundering monitoring team in Buffalo in October. Then as many as 200 mortgage servicing jobs in Depew will be cut. But HSBC says the losses will be minimal since the bank has 100 open positions.

Its current employee base of roughly 3,000 workers will remain steady for now.

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