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Oswego Daily News

Oswego School Board Disputes Financial Stress Claim

cashThe state comptroller’s report listed the Oswego district as mid to mid-high level to being susceptible to fiscal stress. The state told districts to cut down their fund balances; now we’ve done that and all of a sudden we are in ‘financial stress’? the board vice president asked. As far as the money we have, cash on hand, I feel pretty good about how much we have in reserves, another board member said.

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