Tuesday, February 23, 2016

Board hears about FY17

Chester: hearing on state budget on Monday
very little of funding "is for this agency" says Chester: majority is chapter 70
changes on charter school reimbursement, changes on low income calculation
consolidation on literacy initiatives in early childhood
"very much recognize that this is going to be a tough budget year"
fixed costs in state budget going to increase by projected increase
supplemental budget for this year: additional funding for testing program
Peyser: feels counterintuitive that income is growing and yet the budget is so austere
health care consumes a lot of dollars
hope that after year we'll "be back to structural balance"
hope then to be able to spend it
1.5% for education; but more than other sectors are getting
"not as healthy growth as we'd like to see"

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