Hoover Schools to reduce budget deficit by about half

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How nice of Mr. Craig to entertain you personally for the interview.

A few details he failed to share:

Revenues increased by $3.2m from the original budgeted amount.

Expenditures increased by $1.1m from the original budgeted amount.

Hoover received $2m more from the state to pay debt service than originally budgeted.

Hoover now budgets $2.3m less in capital expenditures than originally budgeted.

Hoover UNDERSTATED the "beginning fund balance" of their fiduciary/trust (non-public) money by $2.6 MILLION.

Hoover UNDERSTATED their TOTAL BEGINNING FUND BALANCE by $8 million.

All according to the documents posted on their web site and the documents on file with the ALSDE.

Funny how they leave those details out when sharing the good news.

Great article. Glad Mr. Craig chose to talk with you. Perhaps he heard the critique of his communications skills clearly. Then again, perhaps he didn't.

Trisha Powell Crain more than 3 years ago

December 2017