In order to keep paying its bills, Franklin schools won’t be able to replace any of the 18 teaching positions that were cut this year for at least a decade.
School officials have studied how much money the school district is expected to collect from the state and from local property taxes. And after comparing those numbers to the amounts Franklin must repay for $133 million in building projects and projected losses from property tax caps, the school district can’t afford to add back any of the positions that were cut, executive director of finance Jeff Mercer said.
Officials decided not to replace 15 teachers who were resigning or retiring at the end of last school year, and three other teachers lost their jobs. The cuts were partly because the number of students attending Franklin schools has dropped over the past five yeas but also because Franklin needed to save more money to ensure it could make its annual debt payments for middle school renovations and building a new high school. School districts are required by law to pay debts.