Tuesday, July 7, 2009

Summer numbers

There will be full report out for next week's (July 16, 4 pm) School Committee meeting, but it looks like the FY10 budget is down by about $5 million from what was passed last month. In addition to some grants ending, the cut to local aid by the state means that the city of Worcester will be responsible for less money for the schools (under, yes, the foundation formula). So far, it looks like this hole will largely be plugged with stimulus funding of various sorts, but stay tuned.

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