Sysco looks to post return to profit and higher revenue
Wall Street expects Sysco to report a profitable fiscal fourth quarter ending June with a sharp revenue rise. The result would mark a turnaround after three quarters of weaker earnings amid pandemic impacts. The National Federation of Independent Business notes July small business sentiment trending up, with June at 102.5.
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District cuts budget as Kennedy Elementary closes
The district spent about 104.7 million in the year, four point five million under plan, with capital freezes and unfilled positions. Kennedy Elementary will close, moving students to nearby schools to save over seven hundred thousand. COVID forced the district into reactive mode, leaving no new spending ideas for 2021-22. Negotiations with PAL CWA seek higher classified pay. board can adjust budget items before finalizing next month. Some enrollment may return, boosting funds, but most increases occur next year. The 2021-22 budget lowers the mill levy by 0.242, about five dollars on a 200 thousand home.
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