Portland Public Schools News   Portland Public Schools News RSS feed Portland Public Schools Facebook page Portland Public Schools Facebook page Portland Public Schools Facebook page

Projected budget shortfall reduced due to lower costs

January 23, 2013

PPS is projecting a $16.9 million shortfall for the 2013-14 school year, based on an updated budget forecast that reflects a “trueing up” of PPS revenues and spending in the current school year. The updated projected gap is approximately $5 million less than the $22 million gap earlier projected.

Featured in PPS Pulse

The reduced shortfall is based on:

  • Projected ending balance in the current year that is $3 million higher than budgeted.
  • Lower costs for budgeted staffing levels in the current year, that equate to a $2 million reduction in projected expenditures for 2013-14.

The updated forecast uses more up-to-date information to outline potential budget scenarios for the coming 2013-14 school year.

  • For example, to avoid any cuts to Portland schools, state funding for K-12 education in Oregon would need to be at the equivalent of $6.76 billion for the 2013-15 biennium (assuming neither the Governor’s proposed reductions to district funding via ESDs nor proposed PERS savings).

Other News

Share news and events
Email your school or student-related stories and events
to be featured online.

Connect with PPS news
Join the conversation via social media
Like us on Facebook
Follow us on TwitterView our YouTube channel

The Google translation of this page's content may not be completely accurate.