Five-year forecast indicates operating debt by 2017-18 for Pequot Lakes
The Pequot Lakes School Board got a glimpse at the future of the district's budget at its work session on Monday, July 21, and without changes, the future holds a whole lot of red ink.
A five-year budget forecast prepared by School Management Services, a Rochester-based business planning consultant firm specializing in schools, projects Pequot Lakes may be facing statutory operating debt (SOD) by the 2017-18 school year.
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