For the first time in four years, the Community Unit District 300 school board approved a budget showing a multimillion-dollar deficit.
Board members approved the district’s $200 million budget Monday with a $6.3 million shortfall in the operating fund, which officials said could exceed $12 million if the state does not come through with $6.5 million in payments it still owes the district from the last school year.
Read more: http://www.dailyherald.com/article/20100928/news/309289869/#ixzz1PGYVrTsU
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