For the past decade, the expenditures of the Stillwater Area School District have exceeded its revenues and have brought the unassigned fund balance below 5 percent of the annual budget, or roughly $5 million. This fund represents the reserve of money that is carried over into the next fiscal year by the school district, and [...]
With declining enrollment and deficit spending, the Stillwater Area School District plans to take a hard look at its financial situation. For the next five months, a financial study group will meet to analyze the district’s budget and create future financial recommendations for the school board. “School finance is an incredibly complex thing,” said Kristen [...]
As high school football season gears up, a new scholarship for Stillwater Ponies football players is being announced to commemorate a longtime fan and supporter of youth sports, Dick Olsen. Olsen, the third-generation president of George W. Olsen Construction, had deep roots in the community. He died March 1 at age 78. Olsen was known [...]
Youngsters like Kerrie Maleski, Kayley Schoonmaker, Matt Rubel and Will Tully are part of a major trend in Minnesota. They are among the growing number of students in Minnesota’s two-year community colleges. They’ve also been elected as leaders of the Minnesota State College Student Association. National research says cost and preparation for good jobs is [...]
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