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News Story
Updated: 03/06/2018 08:30:00AM

School district finances ‘unhealthy’

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Howerton

Averyt

By MARC VALERO

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SEBRING — “Budget constraints” had the School Board of Highlands County considering borrowing up to $1.6 million for insurance coverage on the district’s educational property.

Based on the Florida Department of Education’s criteria of having adequate reserves, the district is in an “unhealthy financial condition.”

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