February 24, 2017
By Ben R. Williams
COLLINSVILLE-At a joint budget work session of the Henry County Board of Supervisors and the Henry County School Board, schools superintendent Dr. Jared Cotton told the supervisors that he anticipates a school budget shortfall of $422,000.
That number is based on estimated revenues of $79.54 million and estimated expenses of $79.96 million, Cotton said, adding that the shortfall accounts for just 0.5 percent of the school system’s overall budget.
The problem, Cotton explained, is that the district has seen an influx of students transferring in from other schools in the area. Martinsville is one of those where students have transferred from. The city district has 1,920 students, down from 2,040 at this time last year. That’s 120 less than expected. More than 60 percent of those crossed over to the county. Currently, Henry County has an estimated 7,100 students enrolled.
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