The Superintendent's Financial Statements for the month ending November 30, 2012 does not reflect any unexpected trends for the second quarter of the 2012-2013 fiscal year.  The negative trend in the General Fund is starting to turn around with the receipt of property tax revenues in November.  However, the deficit will increase because of the budgeted decrease in fund balance in the General Fund due to continuing State cuts and decreases in local revenue.  With the implementation of Crosspointe software in August 2011 we are now more accurately reflecting our liabilities for payables.