The Fieldcrest Board of Education discussed the possibility of a tax referendum next April. The district is facing a $1.5 million
dollar deficit and needs to come up with a solution in order to meet the operating needs of the school district for the coming years.
Superintendent Michael Stagliano said that expenses normally increase 4.5 percent each year. He expects the district will be operating
in the red unless an additional source of funding can be provided. The board feels that it will need the extra funds from a tax referendum
along with money from an estimated $600,000 in working cash that can be moved into the education fund. The school board is considering raising
the education fund rate by .60 which will raise the rate on property tax from $2.97 per $100 in accessed property value
to $3.57. Stagliano said that if serious cuts can be made by March, then the .60 increase will be sufficient, else a $1.00
increase might be needed.
The board has until January 27 to place the referendum on the ballot.
In other news the board appointed Jessica Stremlau as the 7th grade girls' volleyball coach for East,
and Derek Renz as the freshman boys' basketball coach at the high school.
The board accepted a bid of $71,000 for the old Fieldcrest Elementary West property from Phil McCulley of Toluca.