Fayette County Public Schools revises deficit figure ahead of audit deadline

Fayette County Public Schools received an updated deficit number Monday night. It shows a nearly $5.4 million dollar shortfall, which is much less than previously expected.

Acting Finance Director Amy Smith said the district’s unreserved fund balance stood at a deficit as of Sept. 21.

“As of September the 21st, when this particular report was due, our unreserved fund balance was 5.3, almost $5.4 million. It is a deficit for unreserved,” Amy Smith said…

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