The Norman Transcript

Headlines

March 26, 2013

Tax cuts could spell big deficit for Norman schools

(Continued)

NORMAN —

Based on statewide projections, the state’s education budget could lose anywhere from $68 to $100 per weighted student, translating to a loss of anywhere from $72.8 million to $107 million.

Norman Public Schools’ weighted student population is 23,450, which could translate into anywhere from $1.6 million to $2.3 million loss in state aid for FY 2014.

Combining the projected possible deficits in FY 2014 from sequestration and decreased tax revenue, the district stands to see a loss of $1.9 million to $2.7 million.

“These are all projections, none of this has been claimed yet. When (766) was on the ballot, the Oklahoma Tax Commission projected a $30 million impact in state education funds,” Siano said. “I think we’ll see a lot of positive rhetoric if those who are pushing for education dollars successfully attain their $75 million to $100 million goal from legislature, and we’d certainly be pleased about that effort, but it’s crucial for the public to understand the big picture of essentially breaking even.”

Board member Linda Sexton said, “It’s like your employer giving you a $10,000 bonus at the end of the year after cutting your salary by $10,000.”

Caitlin Schudalla

366-3541

cschudalla@

normantranscript.com

 

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

Text Only | Photo Reprints
Headlines
  • Junior Police Graduation First Junior Police Academy graduates

    The room went dark and a slideshow flipped through photos of children participating in the first Junior Police Academy as kids chattered excitedly, remembering what they had done over the past two weeks. Norman Police Department hosted ...

    July 25, 2014 1 Photo

  • Officials say transparency lacking in Wal-Mart zoning

    Norman city staff recently admitted to withholding information from the public regarding a controversial zoning change in southeast Norman. If approved by the city council, the proposal will allow a Wal-Mart supercenter at Cedar Lane and ...

    July 25, 2014

  • Air Algerie jet crashes with 116 on board

    OUAGADOUGO, Burkina Faso — An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, and its wreckage was found near the border of neighboring Burkina Faso — the third major international aviation ...

    July 25, 2014

  • Nonprofit raises $3.9M-plus for new center

    The Center for Children and Families, a United Way of Norman partner agency, announced Thursday that it exceeded its public fundraising goal of $3.5 million and raised more than $3.9 million to complete the purchase and renovation of a ...

    July 25, 2014

  • Bad year won’t dampen peachy tradition

    PORTER — A rusting, silver-colored water tower tells visitors to this rural town between Muskogee and Tulsa that they’ve come to the “Peach Capitol of Oklahoma.” Residents of Stratford, the state’s other self-proclaimed peach capital, ...

    July 26, 2014

  • Union Market opens this fall on campus

    Shelves are being stocked as employees buzz around like busy bees and activities are in the last stages of prep as the University of Oklahoma anticipates the opening of its new eatery Union Market, located in the Oklahoma Memorial Union in ...

    July 26, 2014

  • OU football recruit under investigation in assault case

    An attorney representing Joe Mixon confirmed Friday evening that the highly-recruited Oklahoma running back is being investigated by Norman Police in connection with an incident in which a woman suffered multiple facial fractures early ...

    July 26, 2014

  • Campus Cornerassault

    Norman Police responded to an alleged aggravated assault at the Campus Corner Pickelmans Gourmet Cafe early Friday morning....

    July 26, 2014

  • U.S.: Russia firing across border

    KIEV, Ukraine — Russia is launching artillery attacks from its soil on Ukrainian troops and preparing to move heavier weaponry across the border, the U.S. and Ukraine charged Friday in what appeared to be an ominous escalation of the ...

    July 26, 2014

  • McCain: Arizona execution ‘torture’

    TUCSON, Ariz. — U.S. Sen. John McCain says the execution of an Arizona inmate that lasted two hours was torture....

    July 26, 2014