Westonka Superintendent Kevin Borg made two vows to residents at a crowded meeting earlier this week: that the district will get out of statutory operating debt within 18 months and that it will replace its finance director by July.
The district's current finance director, Chuck Herdegen, submitted his resignation before the meeting.
"I take responsibility for this situation and for providing a plan for reliable projections," Borg said. "I apologize to our students, our staff and our community. You deserve better."
The superintendent's statement came less than a week after an audit of the west-metro district's budget revealed that a projected $450,000 deficit had grown to $1.1 million by the end of last school year.
The audit, conducted by Kern, DeWenter and Viere of Minneapolis, showed that the deficit grew because of overestimated revenues from state and local sources.
"From an expenditure standpoint, they executed the budget according to the plan they established," accountant Matt Mayer said.
Statutory operating debt is a term the state Department of Education applies to Minnesota school districts with deficits greater than 2.5 percent of their annual expenses. Westonka's was more than 5 percent as of last June.
Herdegen has worked for the district since 2000. In a telephone interview Wednesday, he said he has more than 30 years of experience in Minnesota school districts, including Litchfield and Little Falls.