Staff memo re small deficit
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Below is a copy of a memo from staff dated November 28, 2000, projecting a relatively small deficit of $1,229,572.  By November 27, 2001, the SAME staff was admitting to a deficit of $18 million, and I believe that the true deficit at that time was closer to $25 million.  Even as recently as one year before the current $90 million bond measure was approved, the CURRENT staff was projecting a deficit of less than 10% of the deficit that they admitted to on November 27, 2001.

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