Levy To Raise Less Cash Than Expected
Norwalk schools face cash flow strain as a four mill operating levy is projected to yield 240000 in 1978 instead of 334000. Superintendent Rubright told the board that delays in real estate tax settlements and HB 920 curb new growth, though a boost in the school foundation program in July may provide 100000. The district has borrowed 75000 for payroll and may seek more, while 1978 appropriations total 3.3 million against a projected 3.8 million.