posted on January 16, 2014 13:06
Byron-Bergen is identified in the Fiscal Monitoring System by the state comptroller’s office as “susceptible to fiscal stress.”
The report released today identifies school districts’ financial status and future viability. Thirteen percent of New York schools were found to be in some level of fiscal stress: significant, moderate, or susceptible to.
“It’s showing that we’ve had to utilize our reserves in balancing our budget,” Byron-Bergen Superintendent Casey Kosiorek said. “The fact that Byron-Bergen is the only one (in Genesee County on the list) is somewhat misleading because what the equation does not take into account is the number of layoffs and program reductions that all districts in the region have had to take to remain off this list.”
Byron-Bergen is dependent on 61 percent state aid in its operational budget. Kosiorek says the only ways to address this internally are to raise taxes, cut staff or cut programs -- a fact that makes it difficult to find a solution.
“We realize that we don’t want to raise taxes,” he said, “and for our students we also know that we don’t want to cut staff or programming. Right now we’re in a lose-lose situation. We’re doing the best we can.”
Most of 87 districts on the list were from the Upstate region including 11 in Western New York.
Byron-Bergen is the only school district in Genesee County that registers on the Fiscal Monitoring System by the state comptroller’s office.
The report released today identifies school districts’ financial status and future viability. 13 percent of New York schools were found to be in some level of fiscal stress: significant, moderate, or susceptible.
Byron-Bergen was listed in the "susceptible" category.
State Comptroller Tom DiNapoli said in the report, quote “School districts in fiscal stress were operating with dangerously low or non-existent fund balances, chronic operating deficits and extremely limited cash on hand.”
The 87 districts on the list were mostly in Upstate, both city and suburban. The data was based on report submitted from districts to the education department.
Here's the full report: http://www.scribd.com/doc/200130197/Schools-Stress-List