Tuesday, September 29, 2020

Board of Ed for September: budget update

 Bill Bell: spending through October ($16B)
"just reading the news" sounds like plan is to finalize budget plan by end of October
revenue hearing a week from tomorrow
"which should lend some light" to where we are
most districts using relief fund to cover extraordinary expenses
districts have a decent overall idea of their revenue from the Commonwealth this year
FY22 is the question
Craven: there's a sea of unknowns
Bell: good sign is that state was able to close FY20 without dipping into the rainy day fund
Keeps spending intact for this current fiscal year
"a lot of things happening to try to get districts the infrastructure needed" for technology


and adjourned

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