Red Rock Central board hears roughly $1.2M operating shortfall, plans fund-balance policy work session
Officials reviewed district fund balances and an operating shortfall of about $1.2 million, discussed bond payments and agreeing to develop a clearer fund-balance (policy 714) target at a work session to guide future budgets and debt decisions.
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Red Rock Central’s board heard a manager’s report on July 15 that the district is carrying an operating deficit of roughly $1.2 million and will submit a detailed recovery plan as part of the year-end audit process.
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