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Iowa Board of Education dissolves Farragut School District

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November 19th, 2015 by Ric Hanson

FARRAGUT, Iowa (AP) — A southwest Iowa school district has been dissolved after officials say it has run with a negative balance and sub-minimal educational standards. The Des Moines Register reports that the Iowa Board of Education voted to close the Farragut School District Wednesday. State officials say the district had a five-year period of deficit spending that was approaching $1 million.

The Green Hills Area Education Agency will take over day-to-day operations so students can finish the school year. The Iowa Department of Education will redraw boundaries, and the students will have options on which nearby schools to attend. The department will also divide the district’s assets.

This is the third time the state has closed a school district, which is seen as a last resort when programming or financial issues are too difficult to solve.