School officials in Bloomington say preliminary budget figures for fiscal year 2013 show a deficit of $2.28 million.

District 87 Administrator David Wood says the budget numbers are all conservative and they're hoping to reduce the projected deficit as much as possible with spending cuts.

Wood told school board members Wednesday night that the deficit is due to a combination of factors, including losing federal stimulus dollars, a loss of state grants and property taxes being down.

Wood says the district will probably be able to reduce the budget gap but not completely close it. District 87 ended fiscal year 2012 $544,000 in the black.

The school board will consider adopting the budget after a public hearing Sept. 26.