Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, July 4
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Finance»Attendance a large factor in Hannibal School District finance problems
    Finance

    Attendance a large factor in Hannibal School District finance problems

    October 29, 20242 Mins Read


    QUINCY (WGEM) – The Chief Operations Officer explained how the challenges came to be.

    Back in March, the Hannibal School District put out a memo that explained their financial challenges. In it, they discussed what their challenges with revenue were and the expenditure pressures they faced.

    “To ensure transparent communication, Hannibal Public Schools has been actively informing staff about the challenging news,” the memo read.

    Last week, a fiscal investigation by the Missouri State Auditor brought their fiscal challenges to light. While the state investigation found many different factors to be involved in challenges, the district believes that there are external factors that have mainly affected their revenue.

    One of the factors released by the district in March stated that a decrease in school enrollment was one important factor as well as an increase in student absences.

    “That’s a trend that a lot of public schools are seeing, not just statewide, but nationwide,” explained Hannibal School District Chief Operations Officer Ted Sampson.

    Sampson explained that after COVID, there was a fall in the number of students enrolled at Hannibal Public Schools, as well as an increase in the amount of absences.

    “The state foundation formula pays us on average daily attendance so when we have less students, that’s less dollars coming in,” Sampson added.

    Sampson added that since COVID, many of the online educational companies that popped up during COVID had begun contact with the state’s education department which led some parents to explore that option.

    Sampson and the school district hope that they can see a rise in student population, but admitted that the challenge is serious.

    Copyright 2024 WGEM. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article30% price surge in gold since last Dhanteras. Here’s your 6-point shopping guide
    Next Article Stock market today: Wall Street drifts in mixed trading

    Related Posts

    Finance

    Fraisses. Les cours d’écoles toujours plus vertes… Qui finance ces aménagements ?

    July 3, 2025
    Finance

    Un magnat de la finance ouzbek kidnappé en plein Paris avant d’être relâché contre le paiement d’une rançon

    July 2, 2025
    Finance

    Cinq graphiques pour comprendre le nouveau visage de la finance mondiale

    July 2, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Finance

    4 Things You Can’t Afford in Retirement If Social Security Is Your Main Income

    August 18, 2024
    Stock Market

    London midday: FTSE extends gains despite tariff uncertainty

    May 30, 2025
    Bitcoin

    L’édito crypto : Bitcoin, un regain d’optimisme

    May 5, 2025
    What's Hot

    Les Restos du cœur s’inquiètent pour le maintien des fonds européens, qui financent un repas sur cinq

    April 24, 2025

    Nasdaq heads for record close as investors await Alphabet earnings

    October 29, 2024

    What does it mean for Bitcoin ?

    October 27, 2024
    Most Popular

    China’s property market edges toward an inflection point – NBC New York

    March 20, 2025

    Ohio bills would ban foreign adversaries from buying land here

    April 9, 2025

    Bitcoin plonge sur les nouvelles géopolitiques, mais les données sur la chaîne montrent que les baleines achètent

    June 14, 2025
    Editor's Picks

    Bitcoin voit un déséquilibre de liquidation anormal de 3 100% dans le bain de sang horaire

    May 14, 2025

    ‘My £250 investment is now worth only £12’

    October 27, 2024

    Le BlackRock’s Ishares Bitcoin Trust brise le record de croissance ETF, dépassant 70 milliards de dollars en seulement 341 jours

    June 10, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.