Second Verse...
Well, here we go again friends. This week, we will presenting our first version of the 2020-2021 proposed Rome City School District budget. Very much like last year, revenues continue to flat line, meaning that we can not continue to operate the way that we have been over the last decade, or maybe in a manner in which people want. Unfortunately, in public education, we have 2 main sources of revenue. Those are local taxes and state/federal aid. In the initial budget presentation, we will be highlighting how these revenue sources can not sustain our operations the way in which we are currently comprised. The single largest contributor to expenditure issues is health insurance premiums are rising at rates far faster than anyone can account for. By comparison, health insurance is expected to increase by roughly $2.5 million this year, while a 2% tax increase AND our forecasted state aid increase is only expected to increase revenue by $1.4 million. Simple math should highlight for y