Barren school district facing cuts

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Associated Press

Posted on February 5, 2013 at 11:01 AM

GLASGOW, Ky. (AP) — Education officials in south-central Kentucky say cuts are likely as the school district faces a budget shortfall of nearly $1 million.

The Glasgow Daily Times (http://bit.ly/11mXN5f) reports Barren County school district Superintendent Bo Matthews told the Board of Education during a special-called meeting on Monday night that a $900,000 shortfall is expected from the 2012-13 to the 2013-2014 budget.

Matthews said cuts are likely due to the shortfall.

District Finance Director John Stith said one reason for the shortfall is unexpected costs, including a portion of the $50-$60 million Kentucky School Boards Insurance Trust deficit which has to be paid off by school districts across the state.

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Information from: Glasgow Daily Times, http://www.glasgowdailytimes.com

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