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Gresham-Barlow accepts district audit, approves corrective-action plan as leadership warns of multimillion-dollar budget gap
Summary
The Gresham-Barlow School Board accepted an unmodified annual financial audit and approved a corrective-action plan to address accounting findings; district leaders said a projected state funding shortfall could leave a $7 million to $11 million gap for 2025–26.
The Gresham-Barlow School District Board of Education accepted the district's 2023–24 annual comprehensive financial report and approved a corrective-action plan at its Feb. 5 meeting, district staff said.
Superintendent John Cook said the state K–12 budget proposal totals $11,360,000,000 but “does not keep pace with rising costs,” and district projections show a potential budget gap between $7 million and $11 million for the 2025–26 school year. Cook said the figures are subject to change as the legislative process continues and noted recent audit- and year-end accounting adjustments that affected…
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