The proration of general state aid funding, declining property values and the state falling behind on making payments has created several hurdles for administrators in the Alton School District when it comes to maintaining a balanced budget, but the district’s Director of Financial Services says he’s optimistic as the 2013-14 fiscal year comes to a close.
Chris Norman says that the district has done well during this fiscal year but that a lot is still to be determined as he begins preparing the budget for the next fiscal year.
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Norman was given the “green light” to begin mapping out district finances for the 2014-15 fiscal year by the Alton Board of Education during last night’s meeting. He says the goal is to create a balanced budget without negatively impacting the district’s staff or student population.