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Public finance advisers Ehlers told the Carlton school board on Monday that a consolidation with Wrenshall would be close to revenue-neutral with only a slight decrease in state aid for the new combined school district.

Aaron Bushberger, Ehlers’ municipal advisor, forecasted revenues that could be expected from a consolidation between Carlton and Wrenshall. Because the new district would be larger, it loses certain state aid to the tune of $61,000, which is partially offset by an increase of over $23,000 in the total tax levy, resulting in a net decrease in total revenues of around $38,00...