The new finance officer delivered some bad news to the Mercer County Board of Education: unless action is taken, the school district faces a $1 million shortfall next year.
On Monday, Finance Officer Amber Minor presented the school board with a $27,754,088 draft budget for the 2017-2018 school year.
While cautioning that the budget was based on projections and estimates, Minor said the district is facing a $1,014,720 reduction in the general fund.
Minor said the district was taking in less money than it is spending.
For more, check out this week’s issue of The Harrodsburg Herald.