Wednesday, June 20, 2012

Catholic School Board Approves Budget

A bit of red ink for the Kenora Catholic District School Board this year.

Trustees approved a budget last night which will include a deficit of 184 thousand dollars.

Erica Baily is the superintendant of business and says this is the second year in a row they've post a deficit, but suggest last year's 350 thousand dollar shortfall has already been taken care of.

Baily says the main reason for the shortfall this year is because the board has agreed to borrow money from reserves to help develop an outdoor area for grade seven and eight students at Thomas Aquinas.