The St. Vrain Valley Board of Education is set to vote on the proposed budget for the 2021 fiscal year during its June 24 meeting.
The coronavirus pandemic has caused decision-making delays at the state level, and as a result St. Vrain Valley School District staff has not been able to finalize all the details of the budget.
The state is facing $3.3 billion in budget cuts in response to coronavirus-related revenue declines, and current estimates are that school funding could be reduced by 5%, which in SVVSD will create an estimated $14 million deficit.
The expected decrease in funding has caused the district to examine cost-saving measures, including possible cuts and postponements of things such as capital expenditures and curriculum updates.
COVID-19 impacts also have created uncertainty surrounding tax revenue and enrollment numbers. Superintendent Don Haddad told the board that SVVSD staff members are monitoring those possible impacts and are prepared to adjust the budget throughout the school year.
The proposed budget can be viewed on svvsd.org.
