Thursday, December 18, 2008

BPS budget crunch

On Wednesday night, the Boston School Committee got an update on the budget and the financial crisis. You can watch a video of the meeting here.

In short, it ain’t pretty. They're likely looking at a reduction in appropriations and increased costs. “All options have to be on the table,” said John McDonough, chief financial officer for BPS. “There are no sacred cows.”

School principals have been told to anticipate budget reductions from 5-15% for the next fiscal year. BPS plans to release school budgets on Friday. I expect that as we go into registration in January, we'll begin to hear more details that might affect parents' choices. Good questions to ask principals on future tours.

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