statutory operating debt

By Kerry Drager, Correspondent The Swanville School Board prepared to make cuts during its March meeting. The district is looking to put four teachers on unrequested leave of absence as it begins to tighten spending and try to pull out of Statutory Operating Debt (SOD). The proposed staff cuts include the high school special education teacher […]

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By Kerry Drager, Correspondent Swanville School continues to brace itself for the changes that need to occur while under Statutory Operating Debt (SOD). The Minnesota Department of Education would like to see schools out of SOD in three years. The district is working to increase revenue and pull the numbers out of the red. “We are […]

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By Jennie Zeitler, Staff Writer   The annual audit report was presented to the Swanville School Board at Tuesday’s meeting. Upon his retirement earlier this year, former auditor Gary Paulsen sold Swanville’s account to Schlenner, Wenner, who was represented at the meeting by Mary Backlund and Jon Archer. The three findings listed in the report are […]

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