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In a way that is kinda true, but here they have a budget based on the number of students. Everything is set and approved before the school year. Number of teachers and support employees, books, computers..... when the students don't show and the money has been spent it is just gone with no replacement money. Somethings can be fixed like firing teachers but they are still out for other things......Somethings are a FIXED amount and will not change like utilities, gas, buses.....
OH I forgot to mention.... in my county they lost over 30% of teachers this year too.... just didn't want to deal with the mess that was coming with common core. The learning curve just got bigger with new teachers and new curricula for students..... sounds fun! LOL.