Schools
Herricks Making Budget Plans for Next Five Years
Board of education anticipates additional $1.8 million to be cut over over next four budet cycles.
The Herricks Board of Education outlined potential budget cuts for the 2013-2014 school year during Thursday’s regular meeting at the community center, but also laid out a plan for the following four years up until the 2017-18 school year.
The board anticipates that approximately $1.8 million will need to be cut from the budget in the four years following the 2013-2014 school year.
Two of the biggest increases typically in school budgets are the health insurance payments and teachers’ retirement system (TRS) payments. There will potentially be a sizable increase in the 2013-2014 TRS payments which increased from 11.84 percent to about 16.5 percent.
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Superintendent Dr. John Bierwirth explained that he wanted the district to look at the next few years as they analyze the upcoming year’s budget to give better context and to understand where the district is headed.
