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SD72 facing cuts

The school district doesn’t have enough in its reserve fund to cover a projected $1.1 million shortfall

The school district doesn’t have enough in its reserve fund to cover a projected $1.1 million shortfall.

That means it will have to cut costs and balance the budget rather than be allowed to carry the deficit in to next year.

A number of things, the most significant being $335,000 in pension costs, and rising fuel and hydro costs have put the district in a tough spot.

It

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