FRANKLIN—City of Franklin Public Schools is looking at a $450,000 deficit for next year’s budget.

Superintendent Dr. Michelle Belle said Friday administrators and the school board continue to discuss ways to balance the budget but do not plan to close any schools, lay off teachers or eliminate programs.

“We’re still talking, and that conversation will continue when we have the budget meeting,” Belle said.

A $14-million budget will be proposed during a School Board meeting 6 p.m. Thursday, March 3, at Franklin City Hall. The meeting is open to the public.

Belle said she expects funding from the state to be decreased for the budget, which will run from July 1 through June 30, 2012.

School Board President Bill Scarboro said it remains up in the air as to how much the state plans to cut in funding. The $450,000 deficit is based on a plan proposed by Gov. Bob McDonnell.

“The (state) Senate has a budget plan, and the House has a budget plan,” Scarboro said. “They’re all different. It changes daily.”

The plan by the House is the most unfavorable, while the plan from the Senate is the most favorable, he said. All three plans call for cuts, but the Senate plans calls for the lowest amount — about $400,000.

“We’re going to talk about it on March 3,” Scarboro said. “Maybe we will have a little more clarity from the state.”