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Twin Valley eyes penalty box exit


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WILMINGTON — As School Board members came closer to finalizing a budget to go to voters, they received estimated spending plans from Twin Valley principals paving the way to getting out of what is referred to as the “penalty box.”
This budget season involved brainstorming to stop being financially penalized by the state for exceeding a spending threshold, which has been said to be more difficult for smaller or more rural school districts to avoid. Board meetings also have focused on how to use a sizeable surplus or fund balance and present budgets that better reflect Twin Valley’s number of students. ....

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