Comments on: 4.0 CASH BALANCE http://sycamoretaxpayer.com/blog Demanding Fiscal Responsibility Tue, 07 Sep 2010 16:48:58 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: propertyowner333 http://sycamoretaxpayer.com/blog/73/comment-page-1/#comment-4 propertyowner333 Sun, 10 Jan 2010 19:26:48 +0000 http://sycamoretaxpayer.wordpress.com/73/#comment-4 "Kings Board of Education plans to ask voters to approve a 6.9-mill operating levy it will put on the May 4 ballot. .... A projected June 2010 ending balance of $7 million will drop to ...." Source: The Enquirer by Sue Kieswetter 1/9/10. Note: Kings $7 million cash balance is 20% of revenue. Sycamore's is 52% of revenue. “Kings Board of Education plans to ask voters to approve a 6.9-mill operating levy it will put on the May 4 ballot. …. A projected June 2010 ending balance of $7 million will drop to ….” Source: The Enquirer by Sue Kieswetter 1/9/10.

Note: Kings $7 million cash balance is 20% of revenue.
Sycamore’s is 52% of revenue.

]]> By: sycamoretaxpayer1 http://sycamoretaxpayer.com/blog/73/comment-page-1/#comment-3 sycamoretaxpayer1 Tue, 27 Jan 2009 23:21:16 +0000 http://sycamoretaxpayer.wordpress.com/73/#comment-3 "A school district's cash balance should be about 6 percent to 8 percent of its revenue, (Treasurer Randy) Seymour said. In Milford's case, that would be $3 million to $4 million." Source: Cinti. Enq. 12/11/07 story, With coffers nearly empty, Milford schools move toward asking for levy. “A school district’s cash balance should be about 6 percent to 8 percent of its revenue, (Treasurer Randy) Seymour said. In Milford’s case, that would be $3 million to $4 million.” Source: Cinti. Enq. 12/11/07 story, With coffers nearly empty, Milford schools move toward asking for levy.

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