ERS Revenues Drop to 2004-05 Levels with Proposed 2010-11 Cuts
The continued strained Michigan economy has created a funding picture that puts most public schools in a very difficult position. The Elk Rapids Schools, like other districts, cannot sidestep what is likely heading for us in fiscal year 2010-11.
Although initial projections for 2010-11 have been made for awhile now, recent Lansing announcements have offered a better gauge on a key budget variable. On January 11th, fiscal agencies of the legislature and Governor’s office announced a consensus determination that a $268 per-pupil State Aid reduction must occur for 2010-11. Additionally, the $165 per-pupil cut enacted this year will remain next year…for a combined $433 per-pupil impact. For ERS, that is a $665,000 reduction based on 1,537 FTE students.
When combined with rising costs, these cuts leave us $990,000 short of a balanced 2010-11 budget. Total General Fund costs are projected at $12,517,000, yet revenues will tally to $11,527,000. These are estimated figures that can change as some of the underlying variables become clarified in the coming weeks.
The School Board and Administration want to assure parents and the public that the scope of this challenge is known and understood. Similar to efforts in other districts, internal reviews are underway to identify cost reduction measures which minimize classroom impact yet effectively address this situation. As the situation develops we will keep everyone informed as to progress and status.
Jeff Scroggins
Business Manager
Elk Rapids Schools
231-264-8692
Fiscal 2004/05 Fiscal 2009/10 Fiscal 2010/11
Student FTE 1,534 1,537 1,537 est
GF Revenue $11,416,881 $12,180,000 $11,527,000 est
