More schools closing early in financially strapped districts

“’When 85 to 95 percent of your expenditures are fixed, and you receive notice halfway through the year that you have to cut, you have to make decisions,’ Stessman said. ‘When we are running close to zero in all of our accounts, there is no leeway.’

“Eight school districts recently applied for additional money from the state’s Extraordinary Need Fund, which was created as part of the new school finance law. The districts requested a total of about $1.2 million, and $498,000 was approved by the State Finance Council. Three districts that submitted requests didn’t receive any additional money.”

Read more here: http://www.kansascity.com/news/government-politics/article20461620.html

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