Frazee schools facing massive deficitFargo, ND (WDAY TV) - After a 115-thousand dollar surplus this year, the Frazee School District is looking at a massive deficit for the 2011-2012 school year.
By: WDAY Staff Reports, WDAY
The projection comes on the heels of former Superintendent Deron Stender's 377 thousand dollar buyout. We talked with Stender at a school board meeting today. He did not want to comment on camera, but said the decision to accept the buyout still weighs heavy on his mind. Total losses next year are expected to be almost 900 thousand dollars.
Rich Ziegler - Frazee School Board Vice Chair: “My hope is that the affect on the budget will not be significant in that reorganization and restructuring can happen to help move the district forward.”