Financial plan

Hillsborough County schools approve emergency financial plan – CBS Tampa

HILLSBOROUGH COUNTY, Fla. (CW44 News At 10) — The Hillsborough County School Board on Tuesday approved an emergency financial plan to send to the Florida Department of Education.

Three weeks ago, the district received a letter of ultimatum from the state, if Hillsborough County Public Schools did not come up with a plan to address its financial deficit, the state would take over management of the district’s budget. district.

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The plan includes $101 million in state CARES Act money. This money will help the district fix its financial crisis, but also pay for teacher salaries, COVID-19 personal protective equipment and technology for students.

Hillsborough County Schools parent Earlishia Oates says, “We need to fix this. We can’t keep covering it up with a band-aid and saying, “Oh, we tried. ‘” Oates says she has noticed a lack of funding in her children’s education. “Our black and brown children are being left behind. With COVID-19 they were out that year, some were still doing e-learning. »

She says it’s because of the district’s recent financial shortfall. Previously, the district needed $86 million, but over the past month it has made budget and job cuts to bring that figure down to $10 million.

HCPS Deputy Superintendent Michael Kemp says, “We need to make sure we follow all the recommendations to make sure we don’t end up in this situation again.

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On Monday, the district received $101 million in state emergency funds, covering the $10 million shortfall. On Tuesday, the Hillsborough County School Board approved sending the Florida Department of Education a new financial plan with that money included, to avoid a state takeover.

“Even with the federal relief money, the pressure is on us. The pressure is on us to find new revenue streams and continue to control costs,” Kemp said.

District leaders say $24 million will cover e-learning salaries, a COVID-19 response team, employee testing, a cleaning crew and all COVID-19-related expenses dating back to March 2020, but a portion of the $101 million will go to schools.

HCPS Superintendent Addison Davis said they “transfer the rest of the money to help the kids, to help the students.”

Oates suggests the money should be invested in more resources for children, such as laptops. “We need answers, we need the district to consistently inject money into these schools and ensure that all students get the education they deserve.”

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The district has until Wednesday to send the new financial plan to the Florida Department of Education.