Treasurer Donnelly has been with district 1 1/2 now. when he came in July of 2024, I don't think he wants to know or admit that the taxpayers have already been gouged from unvoted property tax bills. Because they just kept taking these excess since 2020 he has all this cash to invest while it sits in the coffers. Then he says
minute Investment summary - $10.5 million expected to be earned; FY2019 to 2024 earned $1.7 M; FY2025 earned $1.8 M; FY2026 to 2029 projects another $7 M
"no taxpayer in this district had to pay for it, it's is just good cash management."
little bit of work that go into it but he is "very proud that we have a $10.5 M discount".
35 min bank reconciliation statement
5 yr forecast training - he shows the excess property tax revenues (under Excess Rev & Other Fin. Sources over) - min 52 - "positive cash flow every July. since we don't need this amount of money for operating that's where it goes into investment accounts to earn more interest."
mentions over the summer he worked with an attorney to make sure proper resolution for transferring the $32 M into Capital Projects fund.
Seth - see accumulation of the revenue while we maintained our schools expenses. "Individual publicize false information." "all their experts have told them to proceed with this plan.
minute Investment summary - $10.5 million expected to be earned; FY2019 to 2024 earned $1.7 M; FY2025 earned $1.8 M; FY2026 to 2029 projects another $7 M
"no taxpayer in this district had to pay for it, it's is just good cash management."
little bit of work that go into it but he is "very proud that we have a $10.5 M discount".
35 min bank reconciliation statement
5 yr forecast training - he shows the excess property tax revenues (under Excess Rev & Other Fin. Sources over) - min 52 - "positive cash flow every July. since we don't need this amount of money for operating that's where it goes into investment accounts to earn more interest."
mentions over the summer he worked with an attorney to make sure proper resolution for transferring the $32 M into Capital Projects fund.
Seth - see accumulation of the revenue while we maintained our schools expenses. "Individual publicize false information." "all their experts have told them to proceed with this plan.