The other issue that needs careful analysis is when enrollment has declined 20% from ’05-’06 to ’10-’12 millage has increased 35% in the same time frame. I understand that in the next five years student population is projected to decrease another 13%. All of this would prompt a very careful analysis and some very conservative projections along with some very prudent cost cutting in anticipation of continued decline.
I would strongly urge the board to sit on this expenditure for a few years to see how the projections of further student loss are trending and to see if we experience a flattening of the projected loss trends. As we also suspect our legislature is unlikely to make any progress in revamping taxes as the higher population areas will not support change so we will be saddled with the current formula for the foreseeable future.
Sincerely,
Karl M. Weiler