The Department of Education is facing a $7 million shortfall in their operating budget. Amy Kunz, the DOE Chief Financial Officer, stated, “The department is going through a major process to relook at all items, prioritize them, determine how we move forward and how we fund them.” Kunz did note that the shortfall isn’t substantial as compared to the $1.39 billion overall budget, but did note that some programs may have to be cut or trimmed down because of funding.
Kathryn Matayoshi, the Schools Superintendent, added, “We are very clear that the strategic plan is our focus, it’s our priority. So when we go through this exercise, we’re going to try to figure out how we’re going to manage the budget that we have. We will find a way, within the constraints that we have. It may be painful, but certainly, having a common vision, common strategic plan, common measures with the board assures that the alignment, when it comes to the allocation of resources, is clear.”
Source: Honolulu Star Advertiser, 5-25-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
