The budget impact of students leaving the Lincoln school system and migrating to the charter New Living Word Ministries school and others appears not as great as originally feared, it was revealed at last night’s meeting of the Lincoln Parish School Board (LPSB).
The “loss” due to students leaving the system will be about $725 thousand, according to Superintendent Danny Bell. Whenever a student transfers to an alternative school, both local and state funding also “moves” with the student.
When NLW originally announced plans to expand their operation, with a potential of several hundred students leaving the Lincoln School District, the financial impact would have been significant.
Said Bell, “Early on in the report, when we were looking at 419 vouchers or so, we were thinking that would be about $2.3 million.”
Bell said that only about 79 students participated in the alternative programs, and that some may eventually return to the Lincoln system.
For the 2012 – 2013 budget, a hit of about $1 million was assumed in the calculations.
That good news was tempered just a little bit by the news that sales tax collections were down about 4 1/2% year-to-date, compared to last year’s revenues.
See the report.
In other action the board approved solicitation of bids for five new buses.
See the memo.