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School board accepts extra $250K to avoid funding loss, school shutdown

Posted at 1:53 pm September 24, 2013
By John Huotari Leave a Comment

The Oak Ridge Board of Education in two separate meetings on Monday quickly approved a budget amendment that accepts an extra $250,000 from the city, avoiding a potential loss of millions of dollars in state funding and averting an Oct. 1 school shutdown.

The additional funding had been requested by the school board, and it was approved by the Oak Ridge City Council in a 4-1-1 vote during a special meeting last week. After the council approved the extra money, the school board then had to amend its budget in two separate votes, or readings. Education officials are now expected to send the amended school system budget to state officials by Sept. 30. [Read more…]

Filed Under: Education, K-12, Top Stories Tagged With: budget, budget amendment, funding, high school debt payments, Keys Fillauer, maintenance of effort, Oak Ridge Board of Education, Oak Ridge City Council, revenues, school board, school shutdown, shortfall, state funding

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