PAXTON — Enrollment in the school district is the lowest it has been in 11 years.
With 1,408 students at the district's four schools as of the sixth day of classes, PBL has 38 fewer students than it has averaged over the past 15 years, according to a spreadsheet provided by Superintendent Cliff McClure.
Sixth-day enrollment has declined each of the past four years, after reaching an all-time high at 1,523 in 2009-10. Enrollment has not been this low since there were 1,405 students in 2002-03.
"It's something we'll have to start to monitor and watch," McClure said, noting that when the district's enrollment declines, so does its state aid.
Also at the meeting, the board voted 7-0 to approve the district's budget for the 2013-14 fiscal year, showing a projected deficit of $821,932.
The deficit is "directly related" to a $150,000 loss expected in revenue received from the state, McClure said.
The financial-planning document shows $16.79 million in revenues projected, compared with $17.62 million in expenditures expected. There are deficits in all but the working cash fund ($77,309).
"We'll continuously monitor it and execute the plan conservatively," McClure said.