Bleak School Budget; Tough Decisions Ahead
While almost every category of District 202 spending is expected to go up, revenue sources are in a decline, documents show.
A still-weak economy, reduced and erratic payments by the state, a decrease in property values and new construction, and rising expenses have all contributed to Plainfield School District 202’s dismal 2011-12 budget, officials said Monday. Current projections call for an operating deficit of $5.8 million, with the bulk of the shortfall -- $5.48 million -- in the education fund. Operating costs, which are the combination of six funds used to pay daily expenses, show total revenues at about $243.8 million and total expenditures at about $249.6 million. John Prince, assistant superintendent for business and operations, and Susan Krautstrunk, director of finance, presented the board its first review of the budget Monday, saying that challenges…
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Jim W
8:13 pm on Thursday, October 13, 2011
Jay, You are either stupid, a liar, or both. Please stop posting your complete and utter nonsense, from sources you scour the internet to find. I am a Plainfield teacher, I pay 9.1% of my salary to TRS, the teacher's retirement system, from every paycheck. Under Employee deductions on my paycheck (you see, I am the employee) it clearly states a dollar amount that amounts to 9.1% of my pay, that … more ›