This worksheet will allow you to set priorities, make the spending trade-offs and establish an overall plan for balancing the Portland Public Schools budget for the 2006-07 school year. Portland Public Schools faces a $57 million shortfall next year. The School Board and Superintendent have developed a two-part strategy: Netting $33 million from one-time budget decisions and making $24 million in cost reductions that are sustainable for the long run.
The $33 million net in one-year decisions may include initial costs and investments for initiatives, balanced by spending down PPS reserves and asking our community partners (state, city, county and business) to provide $21 million toward the shortfall. If our community partners fall short, the Board would consider cutting days from the school year to make up the difference. A shorter school year is considered a one-time option, however: State law requires a full school year, and allows school districts only 12 months to return to compliance if they violate that standard.
By marking the boxes below, you may decide how you would balance the budget, with savings balanced against costs, marked in red. At the bottom of the worksheet, the budget balancing box below will calculate a total and let you see how close your picks come to meeting the budget shortfall.
All dollar figures are in MILLIONS, and are rounded to the nearest $100,000. Some are estimates. This is just a budgeting exercise. The actual budget will present specific figures, to the dollar.