The Palm Beach County School District is chipping away at its multimillion-dollar capital budget shortfall, estimating the hole to now be about $35 million and saying that plugging the gap will be tough but doable.
The $35 million shortfall is better than earlier predictions of a nearly $60 million deficit, and has been helped in part by a plan — up for a vote at next week’s school board meeting — to sell off a Jupiter Farms ranch once owned by actor Burt Reynolds, as well as about $14 million in leftover money from the modernization of North Palm Beach Elementary that can be used to pay down debt.
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