Budget deficit eliminated for Jeff Davis schools
Published 12:47 am Tuesday, February 17, 2009
Officials in the Jefferson Davis County School District have eliminated a $1.9 million budget deficit.
The state took over the troubled district in 2007 after an audit found a budget deficit and over $1 million in misappropriated land trust funds. Along with the financial troubles, an accreditation evaluation by the state Department of Education found a districtwide failure to meet state and federal educational standards.
Diane Day, the district’s appointed financial adviser, says the district now has a fund balance of more than $587,000. And currently, the only violation not fully addressed involves the district’s facilities, which officials said can’t be remedied without additional funds.