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Friday, June 11, 2010

School District 8 Breaks Even Thanks In Part To Mild Winter

The proposed budget for School District Eight is complete and comes in just over $95.3 million dollars. Director of Finance and Administration Chris Toole tells CHSJ news, the numbers show a zero balance for the fiscal year as they did find some savings last year with signifigant operational changes. He also credits the mild winter and stable oil prices.
Toole adds NB Power holding the line on its rates also helped out the bottom line in a big way.