17
Mar
The municipality has not pushed for an operating override since its last successful operating override in 2005. Twenty years later, we are facing another consequential year. This year’s operating deficits are real because we have a perfect storm of revenue and cost shocks, coming after years of tightening. A brief history The last two unsuccessful operating overrides in FY23 for $3.0M and in FY24 for $2.5M were majority driven by the school district’s needs-based budgets from post-COVID staff increases. No overrides were sought for subsequent…