The Minisink Valley School District has announced a second round of layoffs which will affect dozens of employees.

The cash-strapped school district will eliminate 31 teaching and counseling positions by laying off 24 people and offering early retirement to the rest. In addition, 24 teachers' aides and nine athletic coaches will be let go.

District officials say the layoffs will save them more than $3 million, which will help offset the expected loss of $2.7 million in state aid.

"We will do everything we can to minimize the negative impact this huge loss of revenue has on our students," Superintendent Martha Murray said in a statement.