There’s a lot of work still to be done.
Facing a budget gap estimated at about $8 million, that was the overriding message Wednesday night during the first in a series of budget workshops held by the Reading School Board.
Not much new was revealed during the workshop, with Robert Peters, the district’s chief financial officer, simply setting the stage for future budget talks by reviewing the district’s current fiscal status.
Peters said he built the initial $216 million budget – the one with the $8 million hole – without reducing any services or programs. It includes the maximum allowable tax increase of 2.8 percent, as well as any other projected changes that he could predict to expenditures and revenues.