Reduced state, federal funding cause Medcial Lake budget difficulties
July 5, 2012
By JAMES EIK
In four years, revenue for the Medical Lake School District has fallen nearly $4 million, including a cut for the 2012-13 budget.
From the high point of taking in revenues of $19.2 million in 2008-09, the district has seen steady declines, reaching the bleak forecast of $15.3 million in revenue expected for the 2012-13 school year.
Business manager Don Johnson said the largest factors in the decline have been state and federal funding, specifically in the form of impact aid, coupled with declining enrollment. State revenues peaked in 2008-09 just shy of $15 mill...