COLDWATER, MI (WTVB) - Coldwater School District budget planners hit their student enrollment projections for this year almost to the number but question marks remain. Ben Engelter, the chief financial officer for the district, says the head count from the beginning of the month came in at down 50 from last year at 2807. They were off by just one student because they planned for 2806. Engelter says though, the head count isn’t as important as it used to be because Section 25 is in place, as of this year, which allows for students to be claimed after count day.
further complicating the process is the new state aid funding formula. It’s based on the data from the current fiscal year, the October enrollment figures and the February 2014 count day, instead of the previous calendar year data using October 2013 and February 2013 numbers. If it sounds complicated, it is, and according to Engelter, it means computing the revenue side of what Coldwater will be receiving in state funding will be a little less clear.