“These are, by law, things that we need to provide our students to be successful, and there just literally is not enough funding,” board Secretary Katherine Chan Goodwin said.

chart visualization

Reeves added that the district has seen significant growth in costs for employee compensation, utilities, contracted services, insurance premiums, software costs, instructional materials and fuel. She said employee compensation costs have increased by $76.3 million since 2019.

“This growing gap between revenue and expenditure growth places increasing pressure on our district’s finances,” Reeves said.

Looking ahead