Sumter School District says White and Story LLC to help with fiscal emergency appeal

BY BRUCE MILLS
bruce@theitem.com
Posted 3/6/19

A Sumter School District spokeswoman announced Tuesday that Columbia-based White and Story LLC will help district administration and the school board in preparing for the board's appeal hearing later this month …

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Sumter School District says White and Story LLC to help with fiscal emergency appeal

Posted

A Sumter School District spokeswoman announced Tuesday that Columbia-based White and Story LLC will help district administration and the school board in preparing for the board's appeal hearing later this month with the State Board of Education.

The school board is appealing the state Department of Education's fiscal emergency declaration from last week.

The declaration was made after the full board voted last month to reopen Mayewood Middle School next year after it had voted in April 2018 to close it due to low enrollment and as a way to save money. The district is still coming out of a financial crisis from when it was revealed through the fiscal 2016 audit there was $6.2 million in overspending.

In a response to the state department last month, district administration could not present financial scenarios that showed how the district could reopen the school and build its general fund balance to one month's operating expenditures - currently about $12 million - by June 30, 2020, as required by a new state law. After it had receded to $106,449 in fiscal 2016, the fund balance is expected to break $10 million by the end of this year.

The board's goal in its appeal response will be to present a financial plan that includes reopening Mayewood while also achieving one month's operating expenditures in the fund balance by next year.

Canty said the new plan will involve budget cuts to include personnel.