$300,000 New Ulm school deficit projected for 1976
If next year’s budget is not cut substantially, the New Ulm School District will be operating in the red, Supt. T.R. Olson said Tuesday. Olson estimated that the school district, which has a surplus of its general funds of about $625,000, will be about $3000,000 short in funds. He said that school board must make a number of decisions by next March about slashing the 1976-77budget. IN ADDITION to a cutback next year, Olson said the school board may want to consider going to the voters for a referendum for more funds. Olson made his statements while paring his previous ...