County official says District 95 shortfall was a calculation error, not missing funds

Philip (staff member) told the Edgar County Board on July meeting that an apparent multi-year shortfall reported by District 95 resulted from incorrect historical numbers used by the district's bond counsel, not from missing county funds. "There is no 3 quarter of a million dollars that's missing," Philip said, adding that corrected numbers reduce the size of the discrepancy and that two of the years actually show a surplus. Philip said he and Ben Lucan plan to present the corrected figures to the District 95 board on Monday and will then brief the county's study session attendees.