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School board formally adopts budget

Of the Keizertimes

Salem-Keizer Public Schools formally adopted a budget for 2010-11 school year. State law requires the district to adopt a budget before June 30 each year regardless if funding is known or available.

The adopted budget was based on funding estimates available in early spring. But late last month, the State of Oregon released a new estimate that included significant shortfall in funding for public schools.

What this means to the Salem-Keizer district is a $24 million shortfall for the coming school year. There is no word if additional funding from the federal government will be made available this year.

“Twenty-four million is a significant amount, and finding a budget solution is not going to be quick and easy,” stated a district release. “With the help of district staff, parents, the public, the Citizens’ Budget Committee and the school board, we will all work together to address the needs.”

Work will begin during the summer and continue into next school year. There are indications that the state economy will not recover fully for several more years.

In addition, the district is developing proposals to bring forward to the board at its Tuesday,  July 20, meeting.