Posted: Jun 28, 2011 7:29 AM by Lauren Wilson & AP
OPELOUSAS, La. (AP) - St. Landry Parish Schools Superintendent Michael Nassif will be approaching the school board in July to cut expenses.
The Advocate reports acting financial director Tressa Miller told the board's finance committee Monday that the district experienced a $4.62 million general fund deficit at the end of May.
The district is projected to have a $1.248 million general fund deficit when the 2010-11 fiscal year ends June 30, according to a report presented to the committee.
Nassif said the state requires districts to develop financial plans as proposed remedies in such situations.
He says there are no plans at this time to dismiss teachers or employees due to the district's anticipated deficit.