State Auditor Keith Faber placed a southwest Ohio school district in fiscal emergency Friday after it projected an operating fund deficit of nearly $11 million.
A fiscal analysis by the Auditor of State’s Local Government Services Section certified a projected operating deficit of $10.8 million for the Mt. Health City School District in Hamilton County, near Cincinnati. The figure represents 26% of the district’s general revenue funds for the fiscal year that ends June 30.
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