Financial challenges are ahead for Fort Wayne Community Schools, as leaders work to balance the 2014 budget.
Kathy Friend, Chief Financial Officer, Fort Wayne Community Schools, explains that the budget is increasing by about .02 percent which comes to an increase of about $580,000. However, this flat budget creates some issues for
Fort Wayne Community Schools will be making cuts to its general fund, which pays for teacher salaries, benefits and other expenses.
The transportation fund, which includes expenses like bus driver salaries, fuel, and service for the busses, is also expected to take major hit.
Friends say one of the biggest areas of concern for FWCS is when it comes to the bus replacement fund.
“Our bus replacement fund has the same problem and is losing revenue becaue of the tax caps. We have about 45 busses that are 12 years or older and need repair, but we are only going to be able to replace 10 of them,” said Friend.
There is still time for you to give input. The public is welcome to voice any concern or ask questions at the next board meeting on Oct. 14. The board is expected to vote on the proposed budget on Oct. 28.