LaSalle News Tribune | LaSalle, IL
 
close
Due to weather related issues, in some areas there may be delayed deliveries of your Monday issue of the NewsTribune.
If road conditions are severe enough, your delivery person may not be able to deliver your NewsTribune at all on Monday.
In this case, your Monday edition will be delivered with your Tuesday newspaper.
We ask you to be understanding for the safety of our carriers.

You can view Tuesday's newspaper online at http://newstribonline.com
 


home : news : local   February 6, 2016

8/21/2014 4:50:00 AM
Waltham faces $360,000 shortfall this school year


Tom Collins
NewsTribune Senior Reporter



The economy seems to be improving, but Waltham Elementary still expects a shortfall come next summer.

Wednesday, superintendent Larry Carlton unveiled a projected 2014-15 budget showing the district bringing in revenues of $2.45 million versus expenditures of $2.8 million. The projected shortfall comes to about $360,000.

However, Carlton dropped hints the loss may not be that steep.

“Please keep in mind I’m giving you worst-case scenarios,” he told the board, tempering his expectations on revenue.

Among the new expenses contained in the budget are cameras for the school buses, a sidewalk connecting the Waltham North building to the playground and a final payment on the technology loan.

“After this year,” he told the board, “you’ll be debt-free.”

No matter how big the shortfall, Waltham has the cash reserves needed to cover the red ink. If the worst-case forecast holds, Waltham’s reserves will tumble from $2.9 million to just under $2.6million.

A budget hearing will be at 5:45 p.m. Wednesday, Sept. 24, moved from the third to fourth Wednesday of the month to keep the budget on display to the public for 30 days.

Social media revival?
Also, the district may revive its dormant Facebook page and Twitter accounts.

Melanie Lukacsy, the new assistant principal, said she’d like to use social media to keep families abreast of what’s happening at the district.

“Just kind of keep parents and even grandparents informed,” she said.

With board assent, Lukacsy said she will restart the Facebook page first and, if families are receptive, either reactivate the Twitter account or start a new one.

Tom Collins can be reached at (815) 220-6930 or courtreporter@newstrib.com. Follow him on Twitter @NT_Court.












Login to your account:
  Username:
  Password:
Remember me
Login reminder
  If you'd like to comment on this article, please log in or click here to subscribe.


 

Subscription Login
LOGIN | SUBSCRIBE






Bow-and-arrow killing was in self-defense?
Updated: 2/5/2016 12:51:00 PM
Andy Skoog sponsors bills in Illinois House
Updated: 2/5/2016 5:38:00 PM
Greetings ... from Cuba!
Early voting getting a late start in Illinois
Torres heads to Princeton on 'failure-to-report' charge
Holy Family students roll to end of Catholic Schools Week


Illinois Valley Events
<
February
>
SMTWTFS
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29          



Photo GalleryVideo LibraryMagazinesDealsAbout UsAP Terms of UseAdvertise With UsExtra Content


Copyright 2016 NewsTribune, LaSalle, Illinois. All rights reserved.

Software © 1998-2016 1up! Software, All Rights Reserved