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District's five-year financial plan shows manageable reserves but pressure from rising costs
Summary
Donnegan Incorporated presented a five-year long-range plan projecting modest revenue growth, rising expenditures and planned use of reserves to smooth near-term gaps; transportation contract and state aid volatility were named key pressures.
Donnegan Incorporated's financial adviser told the Valley Central School District board that the district is in a relatively strong position but must plan for rising costs and a narrow revenue outlook. Jason Schwartz said the five-year plan projects roughly 2.6% average annual revenue growth and about 4.3% annual expenditure growth in some years, creating pressure the district will manage with reserves and careful spending choices.
The presentation framed the long-range plan as a planning tool rather than a budget. "We're really trying to…
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