School district short $500,000

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By Molly Haines

Facing a shortfall of over half a million dollars, the Owen County Board of Education will soon begin weighing its options.
The board had its first 2012-13 draft budget review discussion Jan. 17, the same day Kentucky Gov. Steve Beshear announced in his state budget address that per-pupil funding would slip back to 2008 levels.
Owen County Schools District Finance Officer Sheila Miller said the board would need to gain $500,000 in revenue or lose $500,000 in expenditures to keep a 2-percent contingency or the district could go into deficit.

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