Decrease in students affects LKCISD bottom line

Submitted by Casscounty2 on

By Angela Guillory
aguillory@casscountynow.com

Linden-Kildare Consolidated Independent School District trustees faced a harse reality on June 9 and again on June 16 as they discussed the budget with a potential $325,000 deficient for 2014-2015 school year. For the past four years, the district has maintained a balanced budget, not spending more than they estimated will be received in local, state and federal funding.
In the past two years Superintendent Dr. James Cowley said the district has lost 100 students with a $1.9 million impact to the district budget. This includes both state and federal lost revenue. Local revenue is based on appraised property values and the majority of the lost revenue is due to state and federal funding.

 

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