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'Financial train wreck': School prepares for another round of cuts

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With no levy increase and no increases in state aid likely, the Perham School Board is again evaluating the budget and looking for cuts.

Based on present funding, enrollment and expense information, the school is expected to fall into "statutory operating debt," with a projected $625,000 deficit by the 2011-12 school year. By 2012-13, the deficit could become a staggering $2.1 million.

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