The Laurel School District is still facing some more red ink despite spending cuts that threaten 35 teachers, paraprofessionals and staff positions.
Laurel school board president Patrick Vanderslice said that a state panel told the district it still needs to close an expected $650-thousand deficit for the coming school year.
The Wilmington News Journal reports that the district’s finances were in such bad shape that the state had to intervene and create a financial recovery team to review Laurel’s budget.
Vanderslice told the paper that everything is on the table and that meetings are being held around the district to find ways to save money.
He said that the board had to cut staff noting that enrollment is dropping and that the state is requiring school boards to maintain reserves equal to two-month’s payroll.
