A long financial struggle for Calhoun Schools has ended, long-time facing a 1.8 million deficit.
The county has now been removed from the state's financial watch list, with a warning it could happen again.
"This accomplishment has been the work of all Calhoun County School employees. Every employee has sacrificed in order to eliminate the deficit," said Superintendent Kelli Whytsell.
The deficit was at all all-time high of 1.8 million, with an estimate of 20 years to eliminate it.
"The deficit created a financial burden on the students, parents, employees, and Calhoun County citizens," she said.
"Calhoun County will continue to closely monitor the finances due to decreased student enrollment and no local levy. As long as the school funding formula is funded on student enrollment and we do not have a floor for funding small counties under the 1400 rule, we will be in danger of a deficit," Whytsell said.
"I am very proud of the administration, teachers, and service personnel's work in achieving the elimination of the deficit and being removed from the financial watch list," she concluded. |