Projected revenue losses for next year have the Newton County School System looking to trim $4.6 million to $9 million from its 2011-2012 budget, according to a release today from Superintendent Gary Mathews.
“From my seat, it would not be financially sound to end the 2011-12 school year with a deficit of $4.6 million or a fund balance of zero,” according to the release. “Thus, unless our revenue picture improves, it appears that the actual budget cuts will approach $9 million for the 2011-12 budget year.”
See Wednesday’s edition of The Covington News for more on this story.