Tuscaloosa City Schools approves 2018-19 budget
Tuscaloosa City Schools approves 2018-19 budget
The Tuscaloosa City Schools Board of Education met to discuss budget plans for the new year.
By: Samuel Wegrzynowski
Volume 1, Issue 1: October 2018
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On Tuesday, September 4, 2018, the TCS Board of Education met to approve the budget for the 2018-2019 fiscal year. The budget will have the same priorities as before but will be adding some things. The new budget will total at 187 million dollars. This includes $97.9 million in revenue and $99.9 million in expenditures. Both of these are for the system’s general fund.
Ed LaVigne, the TCS Financial Officer, promises that the budget will continue programs that have started over the last few years. He also promises that sustainability will also play a key role in the budget. The projected budget will try to decrease the system’s deficit. The deficit currently stands at around three million dollars. As approved in 2015, deficit spending was used to do things like giving raises to teachers and renovating schools. Now, Mike Daria, TCS Superintendent, says that they are also planning their future budgets to focus on sustainability. The board plans to have the deficit gap closed by 2021.
The new budget plans to spend around 57.5 million on capital projects. This includes the demolition and rebuilding of Martin Luther King Jr. Elementary School, which is planned to cost around 18 million dollars. The budget for this year will also include things like pay raises for employees and bonuses for new bus drivers. The budget will also include school renovations and rebuilds. The Superintendent notes “Quality education spaces for children.” The 2018-2019 fiscal year starts on October the first.
All monetary information has been gathered from articles provided by WVUA 23 and the Tuscaloosa News.
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