Board OKs plan to cut Dist. 201 deficit
Student fees will increase for ’13-’14
MINOOKA — Minooka Grade School District 201 projects a savings of $768,000 or more for the 2013-2014 school year with the approval of a deficit reduction plan voted on last Wednesday.
Due to a reduction of over $120 million in the district’s EAV over the last two years and reduced revenue from state and federal aid, the district has a multi-million dollar deficit. Property tax loss affected the education fund alone by more than $2 million last year.
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