The Warwick City Council has docketed a special meeting to be held on Saturday, July 20 at 3 p.m. to vote on an emergency appropriation of funding to the Warwick School Department in the amount of $3,985,474 so that the schools can fund sports, after-school programming and other priority items.
The resolution also includes language that would allow the school department to pay back a $4 million deficit for the fiscal year that ended June 30, 2019 in four, interest-free $1 million installments over the next four years.
The appropriation of funding is proposed to come from the city’s budget, specifically in the form of:
The resolution includes other stipulations, including lines mandating a detailed review of the school department’s financial situation and a plan to reduce its expenditures in the future. The resolution would need five votes to be approved by the council.
The Beacon will update this story as it develops.