Woodridge five-year forecast showing deficit

As reported in West Side Leader, May 25, 2017.
Woodridge Local Schools shows a deficit in its current state-mandated five-year forecast, the Board of Education learned at its May 16 meeting.

While the projection was not unexpected, it does mean the board must work to balance the numbers and voters could see a levy on a future ballot, said district officials.

The five-year projection was one of two presentations by Treasurer Tom Morehouse. He said the district was in the black for the month of April. He stated he wished he could end his report on that positive note, but went on to discuss a couple of developments that will negatively impact the district’s finances. Read more