D-49 Declares Financial Exigency

By: KKTV
By: KKTV

School District 49 has declared a financial exigency because of the looming budget cuts.

Stephanie Wurtz Meredith, Communications Specialist with the district, said that a financial exigency will give the district the ability to have flexibility with multi-year contract, allowing D-49 to end contracts with vendors and various services such as auditing provided with the school. Meredith said that teachers are not on multi-year contracts, and will not be impacted by this move. It also allows the district to avoid paying severance payments to staffers who are laid off.

The Falcon school board reportedly unanimously approved the measure Thursday. Meredith said that the vote was a formal announcement by the school board to show how dire the budget situation is, but also a step taken to prevent the need for a reduction enforcement, which would impact teachers.

Meredith told 11 News that the goal is to put more money into classrooms by cutting vendors. No vendors have been notified at this time; the district is still looking at what they can cut.


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