District 424 still $1 million short for 2013
GENOA – Genoa-Kingston School District 424 passed its fiscal 2013 budget Tuesday with a projected deficit of about $1 million.
During a public hearing, Brad Shortridge, assistant superintendent for finance and operations, said the district expects to receive about $11.5 million in local revenues, which makes up about 62 percent of the budget.
Local revenues include property taxes, impact fees from new development and interest.
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