Schools, city await word on what next year's financial picture will look like
June 3, 2020
The Sweet Home School District, like other districts and state agencies, is bracing for big hits to its budgets next school year, while hoping that other funding streams may help it maintain its current service levels.
School officials listened last week to the state’s revenue forecast, released on May 20. Supt. Tom Yahraes said the state anticipates revenue declines of $2.7 billion in the second half of the current biennium, ending on June 30, 2021. It projects $4.3 billion less in 2021-23 and $3.3 billion less in 2023-25 as part of the economic effects of the response to the COVID-19 p...