Nutley School District receives state monitor amid budget shortfall
NUTLEY, N.J. (PIX11) -- A state monitor is now in place in the Nutley Public School District to correct the financial mismanagement that’s left a multi-million dollar shortfall in the current budget.
According to the Nutley Board of Education, the state is providing a no-interest loan to cover the $7 million shortfall for the current year.
The Board of Education says it’s trimmed unnecessary expenses, increased efficiencies, and reconfigured administrative roles to ensure the budget is balanced next year.
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