LCS projecting $17.7 million budget deficit
Facing both estimated increases in utility and health insurance costs and the upcoming loss of CARES funding,
With that number looming, budget conversations already have been tense between LCS administration and school board members. Edwards has a
In March, the board will host a second public hearing before adopting a preliminary budget by the end of the month. During that time,
That order of operations was a point of contention early in the
"When it was already in the wind that we were going to get level funding, I'm just wondering why the budget wasn't created with that in mind to begin with," board member
Level funding means the school board would receive the same amount of money from the city as in fiscal year 2024 (currently ongoing):
"... I just want to know when it was confirmed that we are getting level funding," Edwards asked. DePaul said there has been no official communication from the city to that end.
"I'm just wondering why. It comes in at
LCS is building its budget based on Gov.
About
The division is also expecting
Administration has proposed options to close that gap, starting with
"We've got temporary money being used for fixed costs and I think the time has come where we live within our means," board chair
Edwards' recommendation to the board is to request
"I have to cut operating positions to make this work. I am where I was in 2020 where the board said 'we don't want to do that right now, let's just use CARES funding.' We were always facing a cutting of positions," she said.



Is it time to supplement long-term care insurance?
Celina Insurance Group employee earns designation
Advisor News
- Most Americans optimistic about a financial ‘resolution rebound’ in 2026
- Mitigating recession-based client anxiety
- Terri Kallsen begins board chair role at CFP Board
- Advisors underestimate demand for steady, guaranteed income, survey shows
- D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut'
More Advisor NewsAnnuity News
- Integrity adds further scale with blockbuster acquisition of AIMCOR
- MetLife Declares First Quarter 2026 Common Stock Dividend
- Using annuities as a legacy tool: The ROP feature
- Jackson Financial Inc. and TPG Inc. Announce Long-Term Strategic Partnership
- An Application for the Trademark “EMPOWER PERSONAL WEALTH” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
More Annuity NewsHealth/Employee Benefits News
- MURPHY ON TRUMP'S PLAN TO RUN VENEZUELA: NOBODY ASKED FOR THIS
- Sorensen and Miller-Meeks disagree on ACA health insurance subsidies, prepare for shutdown
- Pittsburgh Post-Gazette to publish final edition and cease operations on May 3
- After subsidies expire, skyrocketing health insurance premiums are here.
- Congress takes up health care again – and impatient voters shouldn’t hold their breath for a cure
More Health/Employee Benefits NewsLife Insurance News