By Stephen Floyd The Silver Falls School District (SFSD) has started mapping out options to cut $8.8 million from next year’s budget, including layoffs in all departments and temporary school closures. During a special meeting May 8 of the SFSD Board, Interim Superintendent Joe Morelock presented options based on feedback from principals, employees and community members. Proposed reductions These included […]
By Stephen Floyd A $3.82 million bridge loan sought by the Silver Falls School District (SFSD) accounted for nearly half of such loan requests in Oregon, according to a report from S&P Global Ratings. In a summary dated May 10, S&P measured the creditworthiness of four districts, including SFSD, requesting a total of $8 million in tax anticipation notes (TAN). […]
The first of seven approved furlough days in the Silver Falls School District (SFSD) begins this Friday as employees from all job classifications take cuts to balance the district’s budget. The SFSD Board approved May 3 and 24, and June 10-14, as furlough days during their regular meeting April 22, and both of the district’s unions have since ratified the […]
By Stephen Floyd The Silver Falls School District (SFSD) has been advised to cut $1.2 million from its current budget by June and $8.8 million for the next school year to correct a looming deficit and patterns of overspending. During the April 8 meeting of the SFSD Board, officials received a financial presentation from Jackie Olsen, executive director of the […]
By Stephen Floyd Officials with the Silver Falls School District (SFSD) believe workforce reductions are necessary as they learn a projected budget deficit may be greater than initially estimated. On March 21 during a special meeting of the board, Director of Finance Kim Doud said they were learning about revenue shortfalls that could deepen an original deficit projection of $825,000. […]
