Improved financial outlook for SLPS

For the first time in nearly a decade, Spring Lake Public Schools is projected to have a balanced budget.
Krystle Wagner
Jun 19, 2014

 

The Spring Lake Board of Education recently approved the district’s 2014-15 school year budget, projected at about $23.8 million.

Scott Powers, the district’s chief financial officer, said they will see a potential savings with three retirements and three resignations, in addition to a less than 1 percent increase in state funding.

Superintendent Dennis Furton said three positions will be filled, while the other three will depend on the fall enrollment. The district projects to maintain its enrollment at 2,500 students for the next school year.

Furton said the budget woes have been partly due to the lack in state funding and increased costs with health care and retirement. He said they’ve worked to maintain a level of programming and educating students with lower state funding levels in recent years.

Balancing the budget has been part of the school board’s goal for the past few years.

“It’s been a long time coming to get to the point we’re at now,” Furton said.

The state Legislature recently approved an overall 4 percent increase in funding for K-12 schools, community colleges and universities. Furton said that means the Spring Lake district will receive an additional $200,000, or less than a 1 percent increase. Furton said the district will receive additional funds, but they will also have increased costs for retirement.

Last year was the third year in a row when the district had to lay off staff when they faced a nearly $500,000 budget shortfall.

Read the complete story in today’s print or e-edition of the Grand Haven Tribune.

Comments

happycamper

(.)

TheBee

The apostrophe button is 1 up and 3 to the right of the comma button. The period button is 1 to the right of the comma button.

Zegota

Spring Lake Public Schools is one of the best for a reason. Even though I did not vote yes for the millage increase, Spring Lake Schools are financially wise with our public dollars. I just feel that we pay to much in local property taxes, it is not necessarily a negative against such a great school I just do not like higher taxes.

Highlander

So, I'm not too upset about the bang for the buck in GH. But, what do you pay for taxes for education in SL? Just wondering. When I divide what I pay by 365, it isn't obscene.

 

Post a Comment

Log in to your account to post comments here and on other stories, galleries and polls. Share your thoughts and reply to comments posted by others. Don't have an account on GrandHavenTribune.com? Create a new account today to get started.