Ridgefield Schools: Balancing the Books Mid-Year

Key Areas of Focus

Special Education Costs

• Increased Expenses: More spent on helpers and speech services than anticipated.
• State Reimbursements: Higher-than-expected returns from the state may offset additional costs.

Health Benefits

• Lower Usage: Employees are utilizing medical care less than projected.
• Potential Savings: Could lead to reduced costs in the upcoming year.

Utilities

• Mixed Results: Some costs have decreased, while others have increased.
• Overall Stability: No significant concerns at this time.

Additional Discussions

• Gifts and Donations: The school board reviewed small gifts and donations.
• Cheerleading Program: Funds were reallocated within the program.
• Future Planning: A board member requested clearer financial reports for better long-term planning.

Conclusion

Ridgefield schools are currently in a stable financial position. However, vigilance is required to manage significant expenses moving forward.