Did everyone see the recent exchange on the supt.'s blog. Excellent, excellent questions from K.M. What do you think about the supt.'s statement below? Is it likely that the state will make up the stabilization funding?
What Mr. Leichter was referring to in the discussion at that Board of Finance meeting you reference above, is the decision of the Town Boards to reduce the General Fund by $980,527. Please remember that RHAM is included in this amount of money. The Town Boards reduced the Hebron Public Schools' budget (2009-2010) by that amount knowing that we will be receiving the $980,527 directly from the state instead of the money going to the town as it has in the past. It is simply a paper transfer. There is absolutely no indication at this point that the state will not replace the 14% once the Federal Stabilization Funding expires.