Thursday, February 14, 2002
District cutting costs
By Cindy Kranz
The Cincinnati Enquirer
WILLIAMSBURG A state performance audit released this week shows that the Williamsburg Local School District continues to reduce costs and claw its way out of debt.
In April, the state placed Williamsburg in fiscal watch because the district needed to borrow $778,000 to cover operating costs for the fiscal year ending June 30, 2001. The money has to be repaid to the state in two years.
I think we're stable at this point, said Superintendent Thomas Durbin said
The district's financial recovery plan included reductions of 17 teaching and support staff positions, which were cut last spring.
The district's financial troubles surfaced last year when $700,000 was inadvertently budgeted twice because of apparent miscommunication between the district and the Clermont County Auditor's Office.
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