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Appleton Area School District projects multimillion-dollar deficit; board to review reduction options in March
Summary
District finance staff told the board a midyear projection shows expenses outpacing revenues and a fund-balance drawdown; staff signaled options including program cuts, school closures or an operational referendum and will return with scenarios on March 10.
Ali Burr, director of business services for the Appleton Area School District, told the school board on Monday that the district’s midyear budget forecast shows expenses running higher than planned and a projected structural deficit for the 2024–25 year.
Burr said the district’s total budget for all funds, including capital construction, was projected at $336,000,000 and that the revenue-side budget for the general operating fund was $214,300,000. She said expenses through December were tracking above the prior model and that the district is currently…
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