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PCM Facing Recovery from Funding Deficit

Posted: Sunday, September 6th, 2009 at 6:25 am

A clerical error made last fall led PCM Schools to a $309,000 funding deficit. PCM School Superintendent Jane Babcock tells KNIA/KRLS News that the deficit has been temporarily covered through an extension of the district’s spending authority by the State Department of Education, which works like a credit card. The PCM School District is currently working with the State to establish a plan to re-coup lost revenues before the 2010-2011 school year.