| School finance leaders develop plans to address funding challenges |
At the Association of School Business Officials International's recent conference, school finance leaders expressed deep concern over future federal funding. Key programs like Title I, IDEA, and school lunch reimbursements are seen as vital, but the Trump administration has proposed slashing or eliminating Titles II, III, and McKinney-Vento. Some districts, like Parkrose in Oregon, are budgeting zero for vulnerable programs due to uncertainty. “It’s too risky for a district to budget something and then not get it. Especially if you have staffing associated with that federal funding, it's not fair to those staff,” said Sharie Lewis, the district's director of business services. Cuts could mean staff layoffs and canceled academic initiatives, forcing districts to rethink how they allocate limited funds. Other leaders said they are accustomed to finding solutions to financial problems; one chief financial officer told attendees her district generated revenue to cover a massive budget deficit with strategies like selling naming rights to buildings and stadiums, raising student parking fees for the first time in 15 years, and charging more for outside organizations to use district facilities. Another official suggested streamlining employee health-insurance costs by offering a stipend worth thousands of dollars to employees who opt out of district plans.