Pine Knot News - A hometown newspaper with a local office, local owners & lots of local news

B&B Market, Catering & Quality Meats, On top of Big Lake Hill in Cloquet

Cloquet signs off on red school budget


June 28, 2019

Earlier this month, the Cloquet school board approved the budget for the next fiscal year — which officially starts on Monday — showing an anticipated deficit of nearly $331,000 in a $31 million budget, or approximately 1 percent.

Cloquet finance director Candace Nelis said the projected deficit is lower than the $600,000 to $700,000 predicted earlier this spring, after the district made some staffing cuts and the state legislature approved a 2-percent increase to the General Education formula for funding schools.

Should all the expenditures and revenues play out as expected, Nelis said...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020