A new federal program aimed at preventing teacher layoffs and creating new jobs in education will help the Fayette school district trim its deficit spending.
Superintendent of Schools Russ Griggs told board members Monday night the district will receive about $122,000 that must be spent in the next two school years.
The funding can be used to retain existing employees and Fayette is using the money to pay for an elementary teacher who would have faced layoff. In addition, a teacher will be paid for covering 12 weeks of leave of absence.
Using grant money for those two positions lowers the expected deficit by $80,000, Griggs said.
Griggs told staff members at the start of school that the estimated deficit spending for the year could reach $500,000. He expects to work with district treasurer Kelly Bentley to continue chipping away at spending to reduce the half-million figure.
The district’s carryover balance stood at $1.4 million.