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Stratford school spending review cites significant consistent account deficits
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The Stratford Board of Education, in Stratford, Conn. July 25, 2016.Ned Gerard / Hearst Connecticut MediaShow MoreShow Less
By year’s end, more than $1.3 million had been spent from the accounts.
The next year, $89,066 moved through an account for water in which $700 had been budgeted originally.
And an account for contingencies originally had $143,500 budgeted, which was then reduced to $6,469, before a total of $325,150 was eventually expended.
Those examples were among a handful of “significant consistent account deficits” identified in a 29-page review of the school district’s financial practices released Wednesday.