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NORTH CENTRAL FINANCES LOOK GOOD

Some good news Mon­day for the North Cen­tral Board of Edu­ca­tion regard­ing dis­trict finances.

The five-year fore­cast was pre­sented and shows rev­enues exceed­ing expen­di­tures for the com­ing four years, with deficit spend­ing fore­cast in the fifth year, but with a car­ry­over bal­ance.

School offi­cials say it’s all because per­son­nel costs were down due to retire­ments. Also, money from the state

was up approx­i­mately $90,000 this year and is expected to increase by $100,000 next year.

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