We have just posted the Academy’s 2006 Strategic (5-Year) Plan to the right on a separate page.
Frank Corden made the following statement in his article below: “We estimate payments to Woodstock Academy for 2007/2008 to be $4.9 million or just under one-third of our total education budget. This amount is larger than the TOTAL General Government Budget. With the pressure on the Board of Selectmen and the WBOE to look at all manner of items to keep spending low, it seems unreasonable to out-of-hand dismiss a means of managing the fees paid to Woodstock Academy.”
This statement and the first two comments that followed Frank’s article prompted me to revisit the Key Article (listed on the right) entitled “Ten Year Growth in Woodstock.” I realized that I had not properly addressed the reason why the total education budget had increased in 10 years by 22.1% (normalized dollars for the last 10 years), an increase that was higher than the total town budget (17.6%) and the general Town operating budget (18.9%). The overall growth of the Town budget was and is attributed to agressive and disproportionate growth in housing developments.
Below I detail some additions that I have made to the “Ten Year Growth…” article. These additions are paragraphs 4 through 6 of the quoted section below. The first three paragraphs are included to show the context, and to show the consistency in these calculations. Read the rest of this entry »
