This list is really a function of expenses and revenues and fund balance. The closer a school's expenses are to its revenues, without using fund balance, the lower the fiscal stress score. This year's number is a reflection, not of last year's budget , but of the 2013 budget and the cuts the school made to stay within the tax cap for the 2013-2014 school year. The contingency budget MCS was forced to adopt following a failed budget last year, will result in even lower numbers on the fiscal stress report as our expenditures and revenues come even closer. In no way, however, does this measure the devastating impact this has had on the school program. The fiscal stress score looks only at numbers, it does not weigh the toll those numbers have on the school and on our students.
It's great that Minerva Central School is less fiscally stressed; it is not so great that the stress has shifted to our educational program which has been decimated because the state has fallen short in its responsibility to provide us with the revenues necessary to support quality programming.