D70 cuts $880K from budget
School district concerned about tight revenues
The Pueblo County District 70 cut nearly $880,000 from its current budget in anticipation of leaner revenues through the rest of the year.
The school board Tuesday night approved a revised general fund budget of $55.6 million, down from the $56.4 million budget approved in June.
The district’s overall budget has been revised to $130.6 million, down from the $131 million budget previously adopted.
“There are concerns about the revenue and the low reserve level, so we’re taking a conservative approach on the revenue side,” Ryan Elarton, director of business services, said Wednesday.
The cuts do not affect instruction or employee salaries, Elarton said.
The state allows for school districts to adjust their budgets midyear to take into account the Oct. 1 pupil counts.
The state uses the Oct. 1 count to determine the amount of per-pupil funding a district will receive.
Elarton said the bulk of the cuts are coming by not filling a number of vacant positions and through trimming supply costs.
He said several positions were placed in the approved budget but have not been filled. Now, they will not be filled at least through June 30.
With regard to the supplies, Elarton said the majority of items have been purchased for the current year; the rest will be delayed until July.
Elarton said the district could get a little financial relief soon if the state Legislature approves supplemental funding for education.
“If they don’t approve it, it’s going to have a pretty severe impact on districts across the state. We’ll have to look at more cuts,” he said.