Woodland Public Schools anticipates a substantial financial shortfall in 2024-2025. Three key factors will have a negative impact on finances:
To remain financially solvent the board must make significant adjustments to the current level of district spending.
The budget for 24-25 is still in early development. As the forecast of revenues and expenditures for the coming year becomes clearer it may be necessary for the board to consider additional cuts, revenue enhancements, or the roll-back of considered program enhancements. The board may also be in the position to consider additional program enhancements should the budget forecast improve.
The table below summarizes the recommended adjustments:
In the coming months, as Executive Director Brown and Superintendent-Elect Riley proceed through the difficult challenge of budget development additional cuts may need to be identified. Conversely, the possible restoration of some reductions may be possible.
For the administration to implement necessary reductions the board must take formal action by adopting Resolution 24-03 and Resolution 24-04 which declare the need for a reduced Educational Program for 2024-2025.
Administrative Recommendation /MOTION/ "I move we adopt Resolutions 24-03 and 24-04 as presented"