Bentonville School District Focused On Spending Cuts

Posted: April 26, 2014 at 5 a.m.

BENTONVILLE -- Opening three schools in the last two years added millions to the School District's operating budget. District officials agreed some budget adjustments were necessary.

At A Glance (w/logo)

Budget Reduction

The Bentonville School Board approved budget reductions for the 2014-15 school year last month. Here’s a list of those items along with how much each one will save the School District.

• Eliminate up to 15 teaching positions through attrition by resignation, retirement and re-assignment: $1 million

• Last year of payment for employee buyout: $632,962*

• Buy online textbooks or classroom set purchases when applicable: $250,000

• Evaluate web-based instructional and intervention programs. Eliminate less effective ones and renegotiate contracts on effective programs: $79,000

• Assign department heads, team leaders and other positions with less than full teaching schedules to a full schedule to maximize the course load for all teaching personnel: $65,000

• Eliminate transportation to and from Northwest Technical Institute in Springdale: $30,000

• Total: $2,056,962

*Forty-four staff members selected the option of early severance at a total cost of $1.9 million, which was paid over three years, according to Sterling Ming, finance director.

Source: Bentonville School District

By The Numbers (w/logo)

Fund Balance

A history of the Bentonville School District’s fund balance as of July 1 each year:

• 2005: $14.4 million

• 2006: $11.9 million

• 2007: $7.9 million

• 2008: $4.9 million

• 2009: $5.1 million

• 2010: $14.8 million

• 2011: $17.6 million

• 2012: $26.9 million

• 2013: $24.6 million

• 2014: $23.0 million (projected)

Source: Bentonville School District

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