This past summer, the Florida Department of Education warned school districts across the state that a general revenue shortfall could lead to a 4 percent cut in funding.
Deterioration of the housing market was fingered as the main culprit.
Lo and behold, they were right, as each district had their take shaved by 4 percent.
In Levy County, that added up to slightly more than $634,000.
Now just three months later, more storm clouds are on the horizon.
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