Not exact matches
Without
immediate action, and with another $ 11 million in cuts needed to balance next year's
budget, the district is
at risk of a state takeover — again.
Assuming some visionary philosopher King rode in with a mandate to hedge all
risk, with total operational control and the
budget to see it through, they would have had the ability to go out and buy a fair amount of coverage in the ABX indices for FP (and maybe structure some custom swap with a large bank) and begin an
immediate «run - off»
at the Securities Lending portfolio.
We appreciate the proposed increases to early childhood funding and programs that serve
at -
risk children and families, but that proposal only emphasizes the need for
immediate bipartisan action on the FY2016
budget.