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Tuesday, February 11, 2014

BOE Approves New Cuts, Asking $110.3M for 2014-15

The Westport Board of Education tonight approved $699,000 in cuts from the superintendent’s original 2014-15 proposed budget, resulting in a revised request to the town of $110,319,484—a 5.89 percent increase over the current year.

The cuts include $50,000 for instructional supplies, to be made up by asking parents of 2,500 younger students to purchase $20 in supplies themselves.

The board also authorized a one-time special appropriation request of $1,088,709 to the Board of Finance and Representative Town Meeting (RTM) this year to cover a shortfall in its health insurance fund and provide for a 5 percent “risk corridor” fund going forward.

This would be made up of $355,009 to be allocated to the current year budget and $733,700 for the risk corridor, said Chair Elaine Whitney. The Board of Education’s Health Insurance Subcommittee approved the recommendations earlier today.

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