It's quite an experience to be on the board of a school that's in serious danger of being shut down. (I don't have qualms about publishing this because a) I haven't identified my school, and b) it's all in the public record anyway.)
Our board had a visit today from a guy from the state who basically told us to cut $60,000 in salaries/benefits or face the possibility of closing as soon as January.
So what else can we do? The board authorized the administrative team to make those cuts however it deems best. The cuts are for THIS YEAR, not next school year.