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PAGE 11
romeovillebugle.com
Your Community, Your News
SEPTEMBER 25, 2014
Vol. 9 No. 12
schooLs
valley view passes budget District budget will have operating deficit of $6.69 million for fiscal year 2015 By Laura KatausKas staff reporter
katauskas@buglenewspapers.com @lkatauskas
The Valley View School District 365u passed its fiscal 2015 budget of nearly $250 million, a 2.2 percent increase, dipping into reserves to cover a deficit. The district will remain with a budget operating deficit of $6.69 million for fiscal year 2015. This amount is consistent with what has been projected in the five-year financial forecast and is down from a budgeted deficit for fiscal year 2014 of $9.5 million. “We continue to utilize our fund reserves to >> see budget | page 3