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Subject:
Item Title: BUDGETING IN A TIME OF FISCAL CRISIS
Summary:
In today’s climate of declining enrollment, high energy prices, health insurance cost, retirement benefits and tight state funding, districts are often looking for alternate sources of funding in order to keep vital educational programs.  There are several options available to help survive a budget crisis or at least alleviate a cash flow crunch. Lease-purchase agreements, energy consortiums, business partnerships, joint operating agreements, shared services or school foundations to name just a few. Although these sources may not work for all schools, these examples are worth exploration. 

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