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Audit criticizes Schoharie school district for padding fund balance

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State auditors contend the Schoharie Central School District has been overestimating how much it expected to spend over the past five years, suggesting the district collected more taxes than necessary. Despite auditors’ reading of the numbers, the district has been putting the bulk of surplus funds back into the budget to reduce taxes for the upcoming school year, Superintendent Brian Sherman said. “We give it right back,” he added. The audit contends the district overestimated ...

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