MAJOR EXPENSES: Frazee will deficit-spend $1.2 million
Next year, the Frazee-Vergas School District is projected to spend $1.2 million more than it takes in.
The board approved the 2011-12 budget, which includes $11.5 million in expenditures and $10.3 million in revenues. The district will make up the difference by spending money in the bank, leaving it with a $3 million fund balance.
"These are all projections. Those things can change," Business Manager Donna Mineer said.
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