Budget revisions shows small deficit for Morris Area in 2011-2012
MORRIS - The Morris Area School Board approved a final budget revision to the fiscal year 2011-2012 budget at their meeting Monday.
The district was projecting a surplus of about $94,000 for the general fund. The budget revision passed on Monday now includes a deficit of about $8,700. This is a result of an increase of about $90,000 in revenue and an increase of about $194,000 in expenditures.
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