Developers and proponents of the racino say the project will …
Updated: Thursday, 21 Jun 2012, 4:52 PM EDT
Published : Thursday, 21 Jun 2012, 6:42 AM EDT
DAYTON, Ohio (WDTN) - A newly approved budget means job cuts at Dayton Public Schools as school officials tell us they had to slash $3 million off the bottom line and unfortunately, that means 21 people will now be without a job.
Of those 21 positions, 12 are home instructors, three are clerical workers, and six are school P-E teachers.
The Dayton Board of Education adopted an operating budget Tuesday , June 19 that they say is the result of years of diminished local property tax collections, which comprise nearly half the district's operating revenue, and funding uncertainty at the state level.
According to Superintendent Lori Ward, they're trying to focus their limited resources on the classroom at every opportunity as many of these cuts are coming from the district's central office.
School officials say they had to cut $3 million this year, and are anticipating a $7 million decline in 2013.
The good news is with the proposed zero balanced budget strategy , where they start with the bare minimums and work their way out approach, they will see a positive cash balance over the next two years.
With a $5.9 million balance in 2014. But, according to DPS Treasurer Stanley Lucas without new revenue the district faces a $7 million deficit in 2015, which grows to $21.9 million in 2018.
Lucas also said the reality is the district is working with $38 million less today than it did in 2007.
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