Budgeting on Shifting Sand
Source: Kathy Christie, Phi Delta Kappan, Vol. 89 no. 10, June 2008
The headlines are daunting. Plunging home values, skyrocketing fuel costs, declining state revenues, and a multitude of other budget worries add up to nightmares for state budget officials and school business directors. Even the most conservative observers will admit that budget cuts in most districts go beyond trimming fat and are cutting deep into the meat.