Millions in budget cuts loom in Pinellas
As if the looming stimulus cliff wasn't enough of a budget cut for the Pinellas school district ($37.7 million down to start 2011-12), the SB6 performance fund wasn't about to potentially dig the hole deeper (another $35-36 million down, maybe, for 2011-12), and the district hadn't already cut $104 million from its budget in the past four years, now it looks like Pinellas will have to cut $8.8-12.6 million in its 2010-11 budget to meet the latest legislative budget projections.
According to the latest district figures, Pinellas will be down $20.8 million under the House version of the budget or $17 million under the Senate version. Since the district has already accounted for $8.2 million to deal with declining enrollment, the actual cuts at this stage look to be either $12.6 million or $8.8 million. (This assumes the School Board again approves the optional quarter-mill hike in property taxes, which will generate $15.2 million.)
Of course, all this is subject to change as the Legislature continues wrangling. No word yet on how the district may be planning to deal with the shortfall.