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Bloomington Public Schools Looking to Climb Out of Red

On Wednesday, school officials presented a proposal to the board that could increase the property tax levy in the area.
BLOOMINGTON - Bloomington's public school district is looking for a way to climb out of the red.

On Wednesday, school officials presented a proposal to the board that could increase the property tax levy in the area.

Superintendent Dr. Barry Reilly says the proposed increase would help counteract the drop in property values in the area. Reilly says the districts have made cuts wherever they can, but a lot of the district’s future depends on the housing market.

"Much less revenue at a time where we are controlling expenses, we are reducing our expenses, but it's not at a point where we are able to decrease expenses to the same levels that revenues are decreasing,” said Reilly.

The district is operating with a $2.2 million deficit this year. The proposal won't affect that, but could have an impact on the following school year.

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