- Associated Press - Thursday, March 17, 2016

LAFAYETTE, La. (AP) - The Lafayette Parish School Board is facing tough decisions and likely layoffs as it prepares to grapple with a $13 million projected budget shortfall for the upcoming school year.

The Advocate reports (https://bit.ly/1nQI8aD) board members heard an initial budget report Wednesday from school system administrators.

Billy Guidry, the school district’s chief financial officer, said sales tax revenues are estimated to be $5 million, or 7 percent less, next year. That’s in addition to the 8 percent decline in sales tax collections already this year.

The school system also stands to lose $2.58 million more to charter schools, as three existing charter schools in Lafayette Parish plan to expand their grade level offerings next year.


Information from: The Advocate, https://theadvocate.com

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