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Don't forget
Don't forget how much of the $77,700,000 from the castle up north ended up ''gaining interest'' that provided a rainy day fund for the board's discretion. A former board member posted that information in this site a while back. |
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Don't bank on Interest $'s
Looking at what occured at North/Lakeview, I would be surprised if this Board did the same thing. The Board projected $6M in interest monies & made promises they couldn't keep - because interest rates changed dramatically. The real interest dollars ended up being $2.6M Our district does not have any permanent improvement levies if I'm looking correctly at the school issues that are current. I would hope interest dollars would go in a fund that would maintain & repair buildings and parking lots, etc. |
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