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District 161 plans fund transfers to cover construction costs, transportation expenses - HF Chronicle
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District 161 plans fund transfers to cover construction costs, transportation expenses - HF Chronicle
Flossmoor School District 161 officials plan to transfer millions of dollars between district funds to cover upcoming construction expenses and ensure the transportation fund maintains sufficient cash flow as Cook County property tax revenues continue to lag. During a June 15 board discussion, Associate Superintendent of Business Operations Frances LaBella said the district is seeking to transfer $2 million from the Education Fund to the Transpo…
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