The Daily Gazette
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Audit: Fort Plain School District surplus too big

Fund balance is $590K over limit

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According to a recent state audit, the Fort Plain Central School District has the rarest of financial problems — too much money on its hands. The State Comptroller’s Office reported the district has stored away too much money in its fund balance for at least the last five years running. “It’s an interesting problem to have,” said district business manager Carl Rockefeller. According to the report, a school district is allowed to sock away no ...

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