RCS will still see its state aid reduced by about $650,000 from this year's level.
"I think with the money coming back we have taken into account both our staff and the taxpayer," Latter said.
The district will also dip into its reserves to the tune of $200,000. Superintendent for Business Lyn Derway noted that will leave the reserves at $1.4 million.
"These are underfunded according to what our liabilities are," she said.
The district is operating off of a contingency budget this year, which was adopted after the public voted the original proposal down. District officials tonight said a 2011-12 contingency budget would be larger than the adopted proposal and carry a 5.5 percent tax levy hike.