School board discusses potential cost savings with borough assembly
September 20, 2023
During the budget process next year, the school district will need to cut about $500,000 from its current $5.1 million operating budget to maintain financial sustainability as it prepares for the end of federal pandemic relief funding.
This could mean staffing cuts and major changes to school facilities and programs, unless new sources of money are found.
Over the past three years, the district has relied on pandemic aid to help cover its costs, but this funding is ending soon. Those federal aid grants, which will run out in fall of 2024, currently cover $304,000 worth of salaries and benef...