Mount Vernon News
 
 

By Mount Vernon News
January 17, 2013 8:18 am EST

 

MOUNT VERNON — The Mount Vernon Board of Education met in open session for a work session on Saturday, Jan. 12, to make a comprehensive review of the school district’s current financial status, understand the factors that are unknown at this time that will have an effect on the financial projections and discuss the need for and amount of a levy to be on the May 7, 2013 ballot.

Superintendent Steve Short said that due to the mid-year cuts that are currently being implemented, the projected carryover for this fiscal year has been increased from approximately $700,000 to $1.2 million. This amount will be just enough to cover expenses through the early part of July. Second half tax receipts are received by the district after July 1.

 

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