School districts across Washington state are struggling to make ends meet as the cost of doing business continues to skyrocket while the money to pay the bills continues to shrink.
“We’ve deferred budget cuts by using fund balances as much as we could,” Camas School District Business Services Director Jasen McEathron told Camas School Board members earlier this week, adding that the $7.2 million infusion from the district’s general fund balance to help bridge the budget gap in 2024-25 will take the reserves down lower than they’ve been since the 2008 Great Recession.
“Our four-year budget projection assumes we are addressing the gap, with budget reductions to bring expenditures down so (they) are below our revenues,” McEathron said. “And we have to build our fund balance. We can’t survive on 4%. We can hardly survive on 5%. Our target is 8%.”
This means that — unless something changes pretty drastically at the state funding level — the Camas School District is facing another round of painful budget cuts ahead of the 2025-26 school year, just two years after the district cut staff positions and tightened its belt ahead of the 2023-24 school year.
As McEathron told the school board Monday evening: “We’re covering the gap in 2024-25 with our fund balance. But once you bring the fund balance down, you’re only left with budget reductions.”