Champaign schools official anticipates balanced budget next year
By Jodi Heckel
Friday June 23, 2006
CHAMPAIGN – The Champaign school district is ending this fiscal year in the red, but next year should be better. The district should have a balanced budget for the coming school year, says Gene Logas, chief financial officer for the district.
Logas said the district will start out the fiscal year, which begins July 1, with a deficit of about $2 million. But an infusion of money from the district's working cash fund will help balance next year's budget.
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