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Millcreek Passes Proposed Final Budget for 2014-2015 Year
MAY 27, 2014-- What started as 4.4 million dollar deficit dropped down to 2.1 million, now the Millcreek School Board has a plan to close that gap and bring the deficit for next school year down to zero. The Board approved its proposed final budget at Tuesday night's meeting and feels comfortable with the decisions it made to close the deficit. The final budget proposed by Superintendent Bill Hall and the business team at
Millcreek will bring down the deficit completely for the 2014-2015 school year. A tax increase will help the school lower it, money from the state is also helping the district. The major benefit to the district comes from retiring teachers. The district has about 38 retiring at the end of this year and has decided to absorb roughly 20 of those positions giving money back to the district in salaries and benefits. The district says that will be a roughly 1.5 million dollar savings. The official vote on the final budget is June 30th. The district also decided to hire Zelenkofske Axelrod LLC as an auditing firm to help the district stay on track for the future.