CINCINNATI, OH (FOX19) - The Cincinnati Board of Educations is looking for input on its 2011-12 school year budget, as it projects a loss of $80 million in resources.
The board will use its public meeting scheduled for Monday night to gather ideas from students, parents, staff, partners, and members of the community. The Board will facilitate a discussion to identify what matters most to those most impacted by budget decisions.
The goals are to identify stakeholders' budget priorities, gather feedback about potential cuts and create strategies for navigating financial hurdles that are greatly impacted by legislative and fiscal decisions at both the state and federal levels.
Cincinnati Public Schools Treasurer Jonathan Boyd outlined the magnitude of challenges the district confronts in building next year's budget during a recent board meeting, including:
- $20 million in necessary efficiencies to offset increases in non discretionary expenses
- $30 million or more in anticipated reductions of state funding
- $10 million in anticipated reductions of federal funding
- The elimination of federal stimulus funding through the American Reinvestment and Recovery Act, which amounts to $39 million over two years.
The meeting takes place at 7:00 p.m. at John P. Parker School located at 5051 Anderson Place in Madisonville.
This meeting will be one of a series of opportunities to invite public input prior to finalizing next year's budget.