Saginaw school board trustees are expected to vote this coming Wednesday to adopt a budget for the 2018-19 fiscal year. Board President Rudy Patterson believes marketing over the summer will be critical to convincing parents to return or keep their children in Saginaw schools. He said that in turn would reverse persistent enrollment losses, while providing more money for the district.
Patterson said about $ 1,800,000 in fund balance reserves will be needed to even out general fund revenues and expenditures within the budget, estimated at about $73,000,000. He said a considerable fund balance remains to deal with issues including settling union contracts with groups like the teachers.
Patterson spoke following the board’s briefing session Wednesday, which included a public hearing on the budget proposal.