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Finance director reports stronger fund balances and 213-student enrollment gain
Summary
The district reported healthier balances across the education, referendum and operations funds and said a basic grant payment tied to a 213-student enrollment increase helped boost the education fund; officials also noted an early tax draw to earn short-term interest.
A district financial presenter reported improved balances across the Gary Community School Corporation’s three major funds during a November update and attributed part of the improvement to increased student enrollment.
Zach Zegrabowski presented the November financial update, saying the education fund’s January beginning balance was about $9.68 million and…
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