Schlarman shares financial & enrollment issues

Local News
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DANVILLE, Ill. (WCIA) — Days after the principal was suddenly fired, officials at Schlarman Academy are opening up about problems in the school.

Wednesday night, they discussed declining enrollment and financial problems with parents and alumni.

Former principal Gail Lewis was let go. The Catholic Diocese of Peoria made the call. New principal, Mark Janesky, told parents he doesn’t know why Lewis was let go, but there was a lot of talk about financial and enrollment issues within the academy.

The finance committee chair says Schlarman had a surplus of $100,000 after the 2013 – 2014 school year; and 400+ students. But, in the following years, the school had fewer students and lost money.

The chair says expenses stayed the same, but there were yearly shortfalls of $200,000. The good news is he says the current budget will help fix things and they should be able to get back on track.

The chair says, to get things back on track, they need to increase enrollment and fundraising. He says, if they add 34 students, it could bring in about $100,000 a year.

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