TULSA — Tulsa Public Schools says the district needs to cut $20 million from its budget for the 2020 to 2021 school year.
TPS says declining enrollment and increased expenses are to blame.
For the last decade, officials say student enrollment has decreased by about 5,000 students.
This decrease has caused less funding from the state.
The district says that although the enrollment has decreased, the operating expenses have increased.
TPS says they plan to create a new budget that will go before the board in December.
The TPS district is unable to submit its annual budget with a negative balance, therefore they have to find ways to cut the $20 million.
The district says it does not have a plan on how to implement the cutback, instead, over the next two months, will ask the community at several public meetings.
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