Independent group praises Youngstown school board spending cuts
YOUNGSTOWN — A Financial Advisory Committee created by the city school board to take an outsider’s look at district finances says it is pleased with spending cuts the district has made.
The board established the committee to provide another examination of the budget to show the public what has been done in seeking to eliminate a budget deficit and to provide another source of suggestions for controlling spending.
The committee also is to provide some accountability of the board’s efforts to resolve its financial dilemma.
The state placed Youngstown under fiscal emergency in November 2006 after the district was facing a $15 million deficit that year.
Since then, Youngstown has been reducing spending and cutting jobs to reduce the red ink.
For the complete story, see Wednesday’s Vindicator and Vindy.com.