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CFO: District narrows projected deficit to about $6 million after cost controls; MLO passage will require revised budget
Summary
Cori Arcarnesi, D2 chief financial officer, reported the districts September quarterly results, saying a reclassification of Medicaid revenue and early cost-control measures reduced an originally budgeted deficit; she said MLO passage will be incorporated in a revised January budget.
Harrison School District No. 2s CFO, Cori Arcarnesi, told the board that first-quarter financials (period ending Sept. 30, 2024) show improved projections after cost-control measures and that the district will revise its budget following passage of the Mill Levy Override (MLO).
Arcarnesi said estimated year-end revenues rose in the report partly because Medicaid dollars that had not been reported in the general fund are now being…
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