$1m Deficit Looms for Ligonier Valley

Summary


An early draft of Ligonier Valley School District's preliminary 2012-13 budget shows a $1 million deficit at the district's tax rate of 73 mills.

In a presentation to school directors at Monday's night work session before the regular meeting, district business manager Jim Marnell said the district has four options to balance the $26.6 million budget:

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Extract


$1m Deficit Looms for Ligonier Valley

Use money leftover from the 2011-12 budget, which would leave a balance of about $26,000 in reserve at the end of the 2012-...

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