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District revenue ticks up

480x270-Salem-Keizer School-District-logo

For the Keizertimes

A relatively small revenue gain for the Salem-Keizer School District is expected for the 2014-15 school year.

This would reverse a five-year trend of shortfalls, one of which was a drop of nearly $55 million in 2011-12.

Paula Radich, interim superintendent, told the budget committee Tuesday it is too early to know specific amounts but the district could expect to see five school days reinstated.

Michael Wolfe, district chief operating officer, said the expected gain would result largely from negotiations with the Oregon Legislature involving the Public Employees Retirement System. He said the Legislature’s restructuring of PERS, pending litigation at the state level, would result in a 4.4 percent permanent reduction in the district’s cost structure.

Noting that the state’s economy is recovering, Wolfe estimated that there would be a 1-1.5 percent increase in revenue from the state.

The Salem-Keizer budget committee, which starts the budget process earlier than those of most of its counterparts in Oregon, held its first meeting on the 2014-15 budget Tuesday just before the regular School Board meeting. The superintendent’s budget message will be delivered April 22.