BPS looks to eliminate $16 million shortfall

Posted at 11:23 PM, Apr 18, 2018
and last updated 2018-04-18 23:23:14-04

Superintendent Kriner Cash is giving more detail on how he plans to address a $16 million shortfall in the district. He spoke at Wednesday night's Buffalo Board of Education meeting for the first time since a letter was sent to Buffalo School District principals last week, instructing them to find ways to save money in their schools.

The district's Chief Financial Officer laid out a draft of the district's four year financial plan that would secure the money needed to balance the budget. The plan calls for cuts in the central office and in schools.
“We're not asking much from the schools. We don't want to dip into the children if we don't have to. We're at that point where we have to make a lot of hard, tough decisions and we will,” said Cash.

There are still a handful of steps the district needs to take before finalizing their budget. There will be a meeting next Wednesday to vote on the updated 4 year financial plan. 

A big reason for the shortfall is due to a lack of state funding.

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