Friday, June 27, 2003
CCHS uncertain about FY03 budget
At the June 24 meeting of the Concord-Carlisle Regional School Committee, Acting CCHS Super-intendent Eugene Thayer said he felt it was premature to predict whether the current year budget will result in a deficit. "We may end in the black, because of a special education refund from the state," he explained. Committee member Betsy Bilodeau added, "My impression, based on a phone call from the chair of the Board of Selectmen, is that the Concord assessment from the State will be lower than planned."
Though there is still a surplus of over $400,000 in the current budget, more than $250,000 of that is already "encumbered" (slated for expenses) and another $237,000 is in reserve to deal with the outcome of "special education problems," as Thayer put it. But Thayer continued on an optimistic note,"We are in better shape than we thought three or four months ago."
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