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Surviving the Recession

Surviving the Recession

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Published by sebascian

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Published by: sebascian on Feb 24, 2012
Copyright:Attribution Non-commercial


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Meeting the Challengesof the Recession
Coping with Unprecedented Revenue LossesRestructuring for Sustainability
Dramatic revenue losses will not allow us tosustain current level of staffing and services
Our budget which is 83% human resources and10% fixed costs, leaves little opportunity for significant cost savings other than in personnel
Despite these reductions, our goal is to providequality academic programming and maintain aschool in every community
Local Realities
The percentage of free/reduced eligible studentshas increased from 40.37% in 2004, to 59% in2009
The unemployment rate in Oxford County was10.7% in November 2009. The state average was7.6%
The unemployment rate for Oxford County was5.2% in October 2004, and the state average was4.2%.
One town reports that requests for generalassistance have increased by 50% this year, andthat 55 tax liens had been signed in 2009

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