Osceola School District Has Balanced Budget - First Time Since 2010-2011 School Year
For the first time since the 2010-2011 school year, the Osceola County School Board has been able to produce a balanced budget. Over the last eight years, the district has faced many fiscal challenges, including revenue shortfalls as a result of the economic downturn. Currently, the district is receiving $180 less per unweighted full-time equivalent student than it did in the 2007-2008 school year. Despite the gap between revenues and operating costs, the Osceola School District has been able to realign expenditures to anticipate state revenues through strong budgetary controls. The district achieved this goal while maintaining the leading compensation package for teachers in the Central Florida area. The balanced budget was made possible through ongoing collaboration between the school board, leadership, and the community.
"Our district continues to maintain a strategic focus on providing the highest quality of educational experience for all children within a framework of economic responsibility to the citizens of Osceola County," said School Board Chairman Tim Weisheyer.