Oct 20, 2016 5:58 PM
Laconia School District cuts 98K in state aid
LACONIA— The Laconia School District will forego $98,443 in state aid during the current school year, in addition to the reduction of $455,335 in state aid, which contributed to significant cuts last spring to bring the school district budget into compliance with the tax cap.
According to the Laconia Sun, Superintendent Brendan Minnihan explained that the 2017-18 budget will start from a point more than $500,000 below what the School Board considers appropriate with the prospect of further reductions in state aid, which may not be able to be offset within the limits of the tax cap.
Last November, the projected enrollment in the Laconia School District for 2016-2017 was 1,819 students, which was 95 fewer than the year before. Last month this projection was revised upward to 1,849 students.
As a result, the base aid to the district increased from $6.6 million to $6.5 million. With the decline in the number of students eligible for free or reduced lunch, the amount of additional aid fell from $2 million to $1.8 million, or by $183,689. The net effect of these adjustments was to reduce the total amount of state aid by $82,850.