Washington School District Operation vs. Construction Funds

An issue was raised on Ticked Off Tuesday, asking why the Washington School District needs a tax increase for schools when they have plenty of money in reserves. According to the district’s Chief Financial Officer Shelly Kinder, the operation fund, which has a reserve, is totally separate from the construction fund that would pay for improvements to the district buildings.

Because Washington relies so heavily on local taxes instead of formula funding, the district is required by the state to have a minimum of around 18% in operation reserves. The Washington School Board has decided to keep their reserves between 22 and 27 percent. The reason for this, according to Kinder, is because of the uncertainty of funding on the state and federal level, not to mention the recession.
The district also carries a larger reserve to manage cash flows while it waits for tax dollars from the County Assessor to start coming in.

The Washington School District fund that pays for construction projects currently carries a 4 million dollar balance. That balance would be used up quickly if any major emergency would occur like the tornado in Joplin or something as simple as a water heater going out.

ATHLETE OF THE WEEK

3 days 15 hours ago

The KLPW Radio Athlete of the Week is Senior Legion Baseball Player Spencer Juergens from Washington Post 218. As a pitcher, Spencer is currently 6-0 with 32 strike outs and only four walks. He's given up seven runs, three earned over 36 innings and his ERA is .736. As a hitter, Spencer's average is .500 with 14 rbi's and 11 runs scored. In 44 official at bats, Spencer has struck out just five times with two walks.

OFF THE CUFF with Diane Jones

1 week 6 days ago

Over the course of the past 16 years doing commentary on air and in print, there have sadly been many mass shootings and many predictable politicized reactions.

The shootings at Emmanuel AME Church in Charleston, South Carolina, however, stands out for two main reasons.

It involved race, and it was done it a church.

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