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Litchfield Elementary District approves first budget revision; bond proceeds earmarked for new School 17 and safety work
Summary
Litchfield Elementary School District CFO Vaughn presented the district's first budget revision at the Dec. 10 governing board meeting, saying state law requires certain budget updates and noting enrollment and funding-formula changes that modestly altered M&O and capital projections.
Litchfield Elementary School District CFO Vaughn presented the district's first budget revision at the board's Dec. 10 meeting, saying state law requires districts to update budgets in certain circumstances and that the district has made several technical adjustments ahead of year-end.
"State statute requires districts to revise their budget by Dec. 15 in certain situations," CFO Vaughn said, explaining the timing of the board's review. He told the board the district's average daily membership estimate was revised down by 18 students while weighted student counts rose because of increased special-education needs, and that those changes drove an increase in the district's revenue control limit.
The nut of the revision is modest program-level shifts rather than large new spending. Vaughn said 71.3% of the…
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