Ferguson-Florissant Sees Financial Gains From Transfers
FLORISSANT, Mo. (KMOX) – Accepting nearly 400 transfer students from Normandy and Riverview Gardens is paying off for one north St. Louis County school district.
The Ferguson-Florissant district was going to have to use $3 million from its reserves to balance its budget but if it receives all of the tuition from transfer students it is anticipating, it will instead end up with a $1.2 million surplus.
Superintendent Art McCoy says that money will go to helping student achievement.
“Staffing increases to keep class sizes at minimal and reasonable levels. It will go to after-school tutoring, before school programs,” he said.
McCoy says the $4.2 million gain will also allow the district to restore accelerated programs that were going to have to be cut.
The district is also in line to receive about $400,000 from federal school lunch program funds that will come with the transfer students.