A comment rom CPA Scott Coffey, former President of the Cary Grade School Board and unsuccessful candidate for the District 155 School Board in 2019:
Time To Dust Off D155 Report Predicting Enrollment Decline
The district was warned 6-7 years ago in their own study that their declining enrollment and aging facilities was going to create a problem.
The tax levy continues to be increased to the maximum allowed under the law even though enrollment continues to decline.
In 2010, enrollment stood at 7,003.
Since then, it is down about 23% to 5,405 in 2023.
Today’s enrollment now stands at where the district was in 2000. And the annual downward trend continues.
The district has spent $54.5 Million over just the last 5 years in Capital Outlay.
The warning the District’s own report identified years ago, is coming to fruition.
The District is burning cash way out of proportion to any other district in the county in order to maintain an unaffordable operating structure.
Right now, they are spending 1 of every 9 dollars they collect from the levy, every year, on fixing aged, broken, out-of-date, obsolete, half vacant buildings.
Perhaps its time to dust off that report and implement the recommendation to seriously evaluate whether 4 schools are needed anymore.