11/30/09

School Budget: Same Problems With New Challenges

By Aaron Collier | Nov. 30, 2009, 8:30 a.m.

As a new year looms closer, officials are turning a new leaf on the school system's $26.3 million budget deficit. Many old problems remain, but a new challenge to school finance is developing: overcrowded schools.

In the past, the school system's chronic budget deficit has been the result of too many big, underutilized school buildings needing costly maintenance and repair. And the hallmark problem has been a dwindling student population with few corresponding personnel cuts and school consolidations.

In early 2008, school officials were looking down the barrel of a $13 million deficit. Chief Financial Officer Tommy Kranz explained that even additional state funding was not going to take care of all the school system's needs. At the time, the Chattanooga Times Free Press reported:

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