hopkinsschool 300HOPKINS COUNTY, KY (1/25/12) – Hopkins County Schools Superintendent James Lee Stevens has presented a bleak outlook on school funding for the next school year.

Kentucky schools receive funding from local property taxes, State of Kentucky and Federal education programs.  Education comprises the largest portion of state revenues for Kentucky.  Revenue shortfalls in state revenues and federal cutbacks have been predicted and seem to be coming to fruition.

Stevens presented the following statement during the regular school board meeting on Monday evening:

“The draft budget I’m presenting to you tonight reflects the bleak projections the state has made regarding education funding.

This budget calls for total general fund revenue of $43.6 million.  The biggest problem in reference to this budget is that we are losing about $1 million in federal Job Ed funding.  We have already received at $503,000 adjustment in SEEK funding this year from the state.  This has caused our carry-over to be projected at $1.5 million less than this year’s beginning balance.  I anticipate the state will make another cut of about $250,000 to SEEK this year.

SUPERINTENDTAnother issue is that this year’s budget was prepared based on a SEEK allocation of $3,903 per student.  However, the proposed state budget would provide only $3,833 per student next year, which is the same as 2008 levels, and $3,827 the following year.  This would cause an additional half a million dollar decrease in out SEEK funding for the next school year.  In addition, there is a minimum of a 4.5 percent decrease in the Flex Focus Accounts for next school year.

We expect to have to reduce next year’s budget by $2.5 million to $3 million.  The majority of that will come from facilities, transportation and other support services that we provide the schools.  We anticipate a reduction of 8-10 certified staff members and 15-20 classified staff members, at a minimum.  But with declining enrollments and reduction in the number of special needs students, those numbers could increase.  We should know more details when the General Assembly approves a budget this spring.  The tentative budget will be brought to the board in May.”

Ron Sanders
SurfKY News

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Most Read This Week

August 24, 2015 10906

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News
August 24, 2015 6077

Alleged Burglar Calls 911 to Report Fire

by SurfKY News
August 24, 2015 5008

UPDATE: Four Dead, Two Survive Boating Accident

by SurfKY News
August 27, 2015 4530

All is Well after MNHHS Lockdown

by Doreen Dennis, SurfKY News
August 24, 2015 4134

MPD Coducting Sobriety Checkpoints

by SurfKY News

Most Read This Month

August 06, 2015 15779

Muhlenberg Woman Reportedly Suffers Violent…

by SurfKY News
August 24, 2015 10906

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

August 28, 2015 1447

Two Webster County Residents Injured in Hopkins…

by Doreen Dennis, SurfKY News
August 28, 2015 1281

Hopkins County Health Department Food Scores Thru…

by SurfKY News
August 28, 2015 1088

Madisonville Police Arrest Reports Released -…

by SurfKY News
August 29, 2015 935

All Occasions Formals to Host Celebration to…

by Rita Dukes Smith, SurfKY News Director
August 28, 2015 879

Rep. Montell Proposes Bill to Stop Sweeping of…

by SurfKY News
August 29, 2015 806

Happenings, Meetings Listed for Following Week

by Tammy Holloway, SurfKY News
August 29, 2015 805

UK Part of First Study on Marijuana Compound…

by SurfKY News
August 28, 2015 677

Kentucky High School Football Schedule

by Steve LeMaster
August 28, 2015 663

Rep. Gooch, Others Argue against Burden Caused by…

by SurfKY News
August 28, 2015 642

TVA Seeks Input on Study for Closing Coal Ash…

by SurfKY News