Despite an increase in state funding, Homewood School District 153 school board approved a $23.7 million budget for 2020 that carries a deficit. At its meeting Monday, Sept. 16, John Gibson, chief schools business official, outlined the district’s budget that shows $23,773,000 in revenues, but $24,514,000 in operating expenses, leaving the district with a $741,000 deficit. This year’s budget is closer to the $23,710,000 in expenditures the district had last school year. Gibson said the district is able to cover the red ink thanks to money . . .
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