April 17, 2014
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OES passes another deficit budget

news@ottawaradio.net
Ottawa, IL. -- The Ottawa Elementary School Board passed another deficit budget for fiscal year 2014.
     The budget showed revenue of $22.5 million, but Superintendent Cleve Threadgill says the two hospitals in Ottawa will be getting $387,000 of that money.
     He says he got the news last week.
    
The budget passed last night shows revenue of $22.2 million and expenditures of $24.8 million, leaving the district about $2.6 million in the red.
Threadgill says they’ll take money out of the working cash fund to cover the deficit.

 
Filed Under :
Topics : Business_Finance
Location : Ottawa
People : Cleve Threadgill
 
 
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