After paying out stipends, Sumter School District projects $9.8M net income for fiscal '23

Total would lift General Fund to $51.4M; official audit report next month

Posted 11/17/23

After paying out $6.8 million in retention bonuses last month related to fiscal year 2023, Sumter School District currently projects to end the year with revenues exceeding expenditures and a net income of $9.8 million.

District Chief Financial …

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