Oak Ridge Today

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

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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…]

Council to consider $250,000 transfer to schools to avoid shutdown

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Oak Ridge City Council

The Oak Ridge City Council will meet in a special session Tuesday evening to consider a one-time $250,000 transfer to the city schools, which could avert a potential loss of millions of dollars in state funding and avoid an Oct. 1 school shutdown.

The Oak Ridge City Council will meet in a special session Tuesday evening to consider a one-time $250,000 transfer to the city schools, which could avert a potential loss of millions of dollars in state funding and avoid an Oct. 1 school shutdown.

The special meeting starts at 5 p.m. Tuesday in the Oak Ridge Municipal Building Courtroom.

Oak Ridge City Manager Mark Watson told Superintendent Bruce Borchers last week that Council had agreed to the special session to resolve the $250,000 shortfall but wanted documentation. Watson asked Borchers to respond by noon Monday. [Read more…]