School administration shaves budget gap by 25 percent - Action News 5 - Memphis, Tennessee

School administration shaves budget gap by 25 percent

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The public will know Tuesday night what it will cost to merge Memphis and Shelby County Schools after the budget is presented to the school board. The public will know Tuesday night what it will cost to merge Memphis and Shelby County Schools after the budget is presented to the school board.
Superintendent Dorsey Hopson announced the administration was able to shave the budget gap by nearly 25 percent. Superintendent Dorsey Hopson announced the administration was able to shave the budget gap by nearly 25 percent.
MEMPHIS, TN -

(WMC-TV) - Shelby County School administrators have trimmed the budget gap by tens of millions of dollars. Back in February, suburban lawmakers were up in arms after learning the merged school system had an anticipated budget gap of $150 million.

The public will know Tuesday night what it will cost to merge Memphis and Shelby County Schools after the budget is presented to the school board.

Over the weekend, Interim Superintendent Dorsey Hopson sent a memo to school board members. He announced the administration was able to shave that budget gap by nearly 25 percent.

Hopson will present this budget to the board Tuesday with a $35.8 million budget gap.

The budget is yet another reminder that Shelby County taxpayers can expect a tax hike. Shelby County taxpayers are responsible for funding nearly half of the budget. The budget summary points out the 2013-2014 property tax rate may increase due to the merger.

A budget information session will be held at the school board on Union Avenue Tuesday night.

If you would like to see the Shelby County budget, click here: http://www.scsk12.org/uf/board/uploads/myfile/Proposed_Budget_2013-14.pdf

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