Friday, March 1, 2013
Many agencies are bracing for what could come down the pike as Congress fails to avert spending cuts.
As political leaders in Washington, D.C. appear unlikely to avert a Friday deadline to avoid "sequestration", a process that will bring automatic federal buget cuts, education leaders, non-profit service providers and others are left to play a waiting game to truly see the impact. In some cases, that impact is very clear. In others, it will take time. According to a variety of sources, while Social Security payments won't change because of the cuts, customer service could suffer and there is a possibility of furloughs and office closures. For Jewish Family & Children's Services, there isn't an immediate concern about a Friday deadline. What comes next is what worries Executive Director Louis Albert. “They will have to replace them with …
Thursday, February 7, 2013
The $3.3-4.1 million in reductions over the next two years, approximately 1-2 percent of the overall budget, were passed unanimously in a process that Parkway's board president characterized as lacking in any substantial controversy.
Budget cuts can often bring controversy and stir up emotions, but a proposed package of $3.3-4.1 million in spending reductions that will eliminate approximately 38 positions over the next two years won easy approval at a meeting of the Parkway School Board Wednesday night. The cuts include the loss of three full-time positions at each of the major high schools, a reduction in school budgets by five percent and dropper the summer school program from four weeks to three. Superintendent Keith Marty has previously said that the majority of jobs will be eliminated through attrition rather than layoffs. No residents used the “public comment” of the meeting to speak about the proposed cuts and it was passed by a unanimous vote following a short …
Monday, February 4, 2013
The Parkway School District held the final in a series of four public presentations and feedback-gathering sessions and will vote on a proposal to cut $3-4 million from the 2013-14 budget this week.
With the last of its public budget meetings conducted last week, Parkway School District officials said they are ready to bring a proposal to cut $3.3-4.1 million over the next two years before the school board for a vote this week. The meeting at Parkway Central High School was the final in a series of four presentations at various district high schools to present information on the cuts and gather input from residents on the plan. School Board President Beth Feldman said the feedback at the meetings has not produced any broad themes or major criticisms, so herself and her fellow board members will likely vote on the package as it has been presented at their meeting Wednesday. “I think the issues that have come up seem to be issues that …
Thursday, January 10, 2013
The cuts would begin in the 2013-2014 school year and come in the form of approximately 40 jobs through attrition.
The Parkway School Board is reviewing a proposal to cut approximately $4 million from the district's budget over the next two years, beginning with the 2013-2014 school school year. The district has said it needs to cut another $2-4 million, or approximately one to two percent of the district's overall operating budget, to restore its fund balance and prevent borrowing from reserves. "The revenues didn't come in where we thought they'd come in last year," Parkway's CFO Mark Stockwell explained. Last February, the board voted to cut up to $9.63 million over two years and ended up cutting just under $8 million from the 2012-2013 budget. The additional $4 million now being proposed would bring the total budget cuts to between $11 and $12 …
Wednesday, January 9, 2013
This preview takes a look at some of the item's the Parkway School Board will discuss at its 7 p.m. meeting.
The Parkway School Board will meet tonight at 7 p.m. at the district's central offices at 455 N. Woods Mill Road. Here's a preview of some the items on the board's agenda, which can be viewed here.
Saturday, March 10, 2012
The presidential candidate addressed a crowd of supporters at Lindenwood University's Robert Hyland Arena in St. Charles.
Ron Paul gave an arena full of about 3,000 supporters exactly what they came to hear. The crowd chanted, “Ron Paul! Ron Paul” and “End the Fed” before and during Paul’s address at Lindenwood University’s Robert Hyland Arena in St. Charles. Paul’s said the U.S. government has ignored the Constitution to the country’s peril. “It’s liberty that we need and it can be restored, but only if we send individuals to Washington who know the Constitution and obey the Constitution,” Paul told the cheering crowd. He said the national debt went up a record $200 billion in February, “and that was a short month." He added, "You can’t solve the problem of national debt by spending more money.” Paul pledged that if he’s elected president, he would cut the …
Thursday, February 9, 2012
Administrators did make changes to allow for concerns voiced recently about the loss of some math and reading specialists.
The Parkway School District, moved Wednesday to cut up to $9.63 million over the next two years in spending, with officials blaming the depressed economy for lower revenue. "Districts in other areas were doing this three and four years ago," Mark Stockwell, chief financial officer for Parkway, said. The total annual budget is about $221 million. After parents questioned the proposed cuts in reading and math specialists, and staff questioned cuts in elementary school office staff, the board agreed to two changes before moving ahead with a 6-0 vote in favor of cuts. The typically light crowd at regular school board meetings in Parkway Central Middle School, was augmented Wednesday night by scores of school principals, parents and students—…
Thursday, January 12, 2012
Budget cuts mean streamlining costs and reducing staff.
Officials painted a grim picture Wednesday night for Parkway Board of Education directors, with specific plans to cut millions from the Chesterfield-based school district over the next two years. Schools Chief Financial Officer Mark Stockwell seemed to pull no punches in his prediction. "We are not yet through this economic crisis. We don't know what the following years will bring," Stockwell said. Administrators had cuts planned only for the this school year and the next, so far. "Spending down reserves is not an appropriate way to continue," said Schools Superintendent Keith Marty. The district has been spending down its reserve funds since 2007, officials said. They blamed lower property tax and sales tax revenues for the slump in …
Wednesday, January 11, 2012
More than $9 million could be saved over the course of two years, according to a proposal to be discussed with the school board.
The Parkway School Board is set to discuss budget cuts Wednesday that the superintendent says could save the district more than $9.5 million over two years. Watch LIVE, starting at 7:30 p.m. The plan is outlined on the Parkway School District's website. It is also posted below from the district's website. According to the site, the district must reduce expenditures by 3 to 5 percent over the next two years due to declining revenues and a projection of minimal growth for the district. According to the website, Superintendent Keith Marty said the cuts could save the district between $7.45 and $9.63 million over the next two years. Wednesday night, the below recommendations are set to be presented to the school board. The cuts include both …
Friday, December 2, 2011
Superintendent released statement Thursday. What would you suggest?
Parkway Superintendent Keith Marty announced Thursday that the Parkway School District plans to trim its budget by approximately three to five percent over the next two years. Although no specifics were given, Marty stated in an email blast to district stakeholders that the district hopes to reduce operating costs for the 2012 and 2013 budgets. Marty issued the following statement introducing the issues. Although Parkway continues to be in strong financial shape, our schools are not immune to the challenges of declining revenues in a tough economy. Since 2007, Parkway's operating revenues have decreased steadily and future growth is expected to be minimal. Over the same period, our schools have worked hard to keep costs down and expenses …