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School financial review tracks higher costs, near recovery of lost enrollment from ‘21

by Kate Evans

School Treasurer Ann Bell’s mid-year financial review presentation at the March 1 Morgan County School Board showed increases in tax revenue, salaries and benefits and supplies and decreases in state aid and federal revenue.

Bell said that the regular state levy collections were up $165,937 and special levy collections had increased by $148,338. Local sources revenue increased $345,106 in Fiscal Year 2022.

State aid and state allocations decreased $240,978 because enrollment was…

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