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School Board expenses set to exceed revenues

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Board OKs ‘14th checks’

The Lincoln Parish School Board on Tuesday held its regularly scheduled meeting at 6 p.m.
Items included on the agenda were the financial update for April 2012 and the motion to approve June supplemental salary checks, both presented by Business Manager George Murphy.

Although the estimated expenditures for the fiscal year, ending June 30, will more than likely exceed revenues by $787,355, due to reserves, Murphy reported an estimated ending fund balance of $33,928,924.

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