SHARON School district will receive extra funds
SHARON, Pa. -- The city school district is getting $135,337 more than it anticipated in state basic instructional subsidy money -- but the school board won't be giving it back to the taxpayers.
The final version of the state budget approved two weeks ago boosted the amount of subsidy funds all public school districts will receive.
The approval of the state budget came after school boards had already finalized their budgets for 2002-03.
Sharon, like all of those school boards, is required by the state to reopen its budget to reflect the additional revenue.
The state is giving the school districts three options: Give taxpayers a rebate with the additional funds, use the money to offset debt service or spend it to restore programs they were forced to cut out of their local budgets.
Jim Wolf, Sharon's business manager, said Sharon City School Board is looking at the latter option and will likely reinstate some teaching positions cut out of the district's final budget.
School directors discussed the issue during a work session Wednesday and are expected to vote on the job restorations at their regular meeting Monday.
Sharon will receive a total of $10.1 million in basic instructional subsidy from the state this year. The additional money pushes the district's total budget to just over $21.3 million.