Sumter School District now projects $10.1M net loss for fiscal year just ended
Sumter will need to use part of reserves; 7 cost-control strategies implemented
BY BRUCE MILLS
bruce@theitem.com
bruce@theitem.com
Posted 8/26/26
In a matter of two months, Sumter School District has gone from possibly ending fiscal 2026 with a surplus of $1 million to projecting to finish the year in the hole by $10.1 million.
A $6.3 million drop below the original budgeted amount in the …
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