Wednesday, April 4, 2012

Area School Districts Tap Reserves to Make Ends Meet

Apartments Now CardLocal School Districts are having to tap their reserves and make budget-cutting measures to continue to survive, Statesman.com reports.  Although the budgeting process has just started, area school districts such as Dripping Springs and Hutto say they are going to have to make deep cuts in their budgets due to tax ratifications that failed to pass or because they are spreading cuts over two years.

In Hutto, district administrators are looking at budgets that would charge $100 a semester to ride the school bus and increase fees students have to pay for extracurricular activities.  Dripping Springs is planning to eliminate 25 to 30 positions, including teachers, and get rid of programs like multimedia and keyboard courses in the middle schools.  Both districts have to make such deep cuts due partially to voter vetoes of tax increases.

In Austin, AISD is contemplating using $14.2 million from their reserves to give employees a one-time 3 percent raise in 2012-2013.  To make the raise permanent, the district would have to increase the part of the tax rate that pays for daily operations.  The school board seems to be divided on whether they should call a November election to increase the tax rate.

Looking for an apartment in AISD, Hays or any of the other area school districts?  Contact Apartments Now for help finding the perfect home!