Friday, February 18, 2011

Lake Oswego city council lists off at least $1.3M in possible funds to make available for school district

To All COLA LO members,

The city council last night reviewed their budget and options for assisting the LO School District with its deficit.    After an open and direct discussion it appears the council has found over $1 million in budget reductions so it can transfer those funds to give to the School district.   This is in addition to the $840K the city already provides to the School District.  

Although there were some conflicting opinions on specific budget cuts,  in general the council agreed to provide the funds to LOSD.  Some council members asked for raising fees to support the transfer of fuinds to the School District.    

A more detailed review can be found in the Oregonian online.

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