A Nov. 14 Sunday News story, “School districts stashing the cash,” highlighting how much money school districts in Lancaster County keep in fund balances, did not include comparison figures for the Octorara Area School District. Octorara includes municipalities in both Lancaster and Chester counties.
According to Business Manager Dan Carsley, Octorara’s total budget for 2010-11 is $46,026,386. The designated fund balance is $2,047,760, while the unrestricted fund balance is $3,165,293. This latter figure is 6.8 percent of the budget. You may read the story at:
http://articles.lancasteronline.com/local/4/312380