The Fayette County Board of Education heard last week its funding next fiscal year could be more than $10.3 million less than what it currently gets, bad news for a system already reeling from $12.65 million in cuts so far this year.
Comptroller Laura Brock at the Jan. 26 meeting gave the board a look at several factors that could influence budget calculations on next year’s budget cycle that begins in July.
Austerity cuts by the state, said Brock, have totaled $39.46 million in the past eight school years, with the largest cuts coming this year and, to date, totaling $12.65 million. Read More»