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Rockford School District's Audit Deficit From Accounting Change, Salaries

Flickr user / alamosbasement "old school" (CC BY 2.0)

An audit shows the Rockford School District's $8.8 million deficit was the result of an accounting change and higher-than-anticipated salaries. 

The district has enough in cash reserves to cover the deficit. No programs or staff are expected to be cut.