The Janesville school district has been very lucky in recent years that they've been able to build up a budget surplus. Good news for education in Janesville? Not quite…….
JG Excerpt:
Evert (superintendent) has said the board must be prudent, because although the district has been lucky with health-care costs in recent years, it's only a matter of time before it's hit with a surge in high-cost payouts.
Without a teachers contract and "it's only a matter of time" prudence, what better time is there than now to rebate $1.5 million to the taxpayers, heh?
3 comments:
Can you supply a link to the article on the school board decision and vote on the reserve fund rebate?
Thanks,
A big fan
Here's the link:Tax Levy Reduced
Excerpt: But other board members thought that was dipping too far into the fund balance, so Cullen backed off to a level that the board adopted unanimously, $1.5 million total.
Since when is the balance in a reserve fund a surplus before you know what your expenses are?
The screw board had no business dipping into those funds if education is their priority.
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