D-Y School District Revenue Lower in 2015

moneyYARMOUTH – The Dennis-Yarmouth Regional School District saw a $323,152 shortfall in fiscal year 2015, but expenses were below projections, leaving the district in the black by around $172,619.

That’s according to Director of Finance and Operations Larry Azer, who added that a number of issues contributed to the revenue shortfall, including a high number of school days and maintenance to the decades-old school buildings.

The facility budget went over by $300,000, which included over $10,000 to remove bats from Mattacheese Middle School and more than $45,000 to repair roof drains at the school and to repair potholes at other schools.

The district spent $2.2 million on transportation but was only reimbursed $1.6 million by the state for busing students to schools in other districts.

By law, the state is required to reimburse the district 100 percent of any out-of-district expenses, but has not done so in the past, according to Azer. That has resulted in nearly $4 million in lost revenue since 2010.

Over $328,000 from the general fund to close the FY 2015 budget and $52,000 for the Other Post Employment Benefits Trust Fund was unanimously approved by the D-Y school committee.

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