New "By-the-Numbers" Report Focuses on School District Debt
The Keystone Oaks Board of School Directors, through the leadership of the Finance Committee, has released the second “By-the-Numbers” financial report, focusing on the district's outstanding debt. Debt is the district's third largest expenditure, behind salaries and pension contributions.
Please click here to read the report and for some frequently asked questions about school district debt.
The first “By-the-Numbers” focused on the district’s rapidly increasing pension contributions and provides a link to frequently asked questions about the Public School Employees Retirement System. That report is available by clicking here.
The format of each “By-the-Numbers” will include a one-page explanation and corresponding graphs as well as a more in-depth explanation on the district’s website. Future “By-the-Numbers” breakdowns will focus on educational programs and a host of other topics.