It is very possible for another year or two we would need short-term borrowing, ... Logic would tell you the cash flow needs would improve with the [approved November] rate referendum. |
It's within reason to believe someone reviewing the claim before it was filed would have seen the numbers were unusual, |
The school district is still going to get their same dollar amount. But the tax rate to taxpayers will be slightly higher than what we calculated originally. |
This instrument is not perfect, no budget ever will be, ... I can guarantee there will be budget variances by year-end. I can also tell you that due diligence has been devoted to this project during the short period of time that I have been on staff. |
We don't have a valuation for it until we determine what the correct number of students should have been, |
We're addressing issues as they come up. Putting processes and procedures in place to make sure they don't happen again. |