The District 55 School Board began looking Monday night at long-term cuts to deal with revenue shortfalls anticipated next year.
“We’re beyond the blood and bloodletting,” Supt. Larry Horton said. “Now we’re after bone.”
If the district does nothing at this point beyond freezing spending, it would have an ending fund balance or cash carryover of $232,000 for the 2002-03 school year. That would be the beginning fund balance for 2003-04.
Projected general fund revenues…