The Rapid City area school district currently has tens of millions of dollars in reserve funds as it enters into the 2016-17 school year. According to a report by the Rapid City Journal, the extra money comes from a combination of large projects budgeted for, but not pursued, and money left over from other projects from previous years. The leftover funds are then used as a foundation with which to build the next school year's budget. Several board members see the reserve as helping new Superindent Lori Simon get a leg up on her first year in the position without having to make any budget cuts to start with.
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