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The 803 job cuts are estimated to save $36.6 million for a district dealing with a financial crisis. In two years, the district projects a loss of 20,000 students, which will result in a dramatic budget deficit.
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As South Florida school districts predicting dwindling enrollment into next school year, the steady decline in birth rate will contribute to the dramatic year-to-year student loss.
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As the district crunches budget numbers based on dwindling enrollment, the district's chief financial officer says the district has to rethink how it does business and runs operations.