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Funding forecast

October 28, 2013

An anticipation of more funding from the state is a highlight of the Wapakoneta City School’s five-year forecast, the district treasurer says.
District administrators are expecting to receive approximately $14.1 million in state funding for fiscal year 2014, thanks to a new funding model approved in House Bill 59, Wapakoneta City Schools Treasurer Angie Sparks said.
The expected funding is an increase of 6 1/4 percent from fiscal year 2013. State funding also is expected to increase in fiscal year 2015, with the district projected to receive more than $15.6 million — a 10 1/2 percent increase from the previous year.
For more information about the school funding, see the Saturday, Oct. 26 edition of the Wapakoneta Daily News.

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