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D-26 unveils 5-year budget

CARY – District 26 officials expect to go at least two years without budget cuts, according to financial projections.

The district has three scenarios – lower-than-anticipated funding, the anticipated level of funding and higher-than-anticipated funding – in its five-year plan, and in any case can avoid budget cuts at least through the 2014 fiscal year, officials said.

The worst-case scenario calls for $100,000 in budget cuts in 2015 and 2016 and a $600,000 deficit in fiscal 2017.

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