Sentences with phrase «district financial reserves»

The challengers all expressed a desire to dip into district financial reserves to build an indoor sports complex that might contain a teen center, an indoor pool and basketball courts, among other things.

Not exact matches

According to a Park District memo, Moody officials cited several factors for the upgrade, including sound financial operations, conservative budgeting practices, ample reserves, a diverse economic base and a favorable debt profile.

Moving quickly to capitalize on their massive financial advantage, the Democratic Congressional Campaign Committee has reserved television time in nearly two dozen more House districts, bringing their total investment in competitive contests to $ 53 million.

District officials had not developed formal, specific reserve plans, auditors noted, adding that the district had not developed long - term financial and capitaDistrict officials had not developed formal, specific reserve plans, auditors noted, adding that the district had not developed long - term financial and capitadistrict had not developed long - term financial and capital plans.

A teacher pension fund reserve, he said, would provide districts with greater predictability in their budgeting, because it would give them a financial cushion in years when pension costs rise.

Iconis and Taylor, in their response letter to auditors, also said that sizable financial reserves were important to the district in obtaining a superior AA1 credit rating from Moody's Investor Services.

Many governments and school district across New York State are struggling with a lack of reserves and rising financial uncertainty, according to the New York State Comptroller's Office.

There were «no remaining financial reserves,» declared a special report of the district's Financial Empowermfinancial reserves,» declared a special report of the district's Financial EmpowermFinancial Empowerment Team.

After three years of financial struggles, reserves had been restored, the use of one - time funds had been significantly reduced, furlough days were being eliminated, and the district was finally in a financial position to avoid further staff and program reductions.

School Services of California, a firm that has long specialized in business and financial management for school districts, has been telling its clients in budget presentations that they should prepare themselves for the probability that the reserve cap could be triggered as soon as this year as well.

The District ended the 2016 - 17 school year with a 0.5 % financial reserve of $ 2.9 million.

The District is planning to end the next school year with the board mandated financial reserve of 3 percent of its budget.

Tucked away on a lane in the Financial District, the Anderson Contemporary is slightly intimidating with towering glass windows, high ceilings and immaculate white walls, not to mention the security guards at each entrance who make this place equally formal and exclusive; minimal in one word — reserved just for the, well, contemporaries.