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

22 hours 40 min ago

The KLPW Radio Athlete of the Week is Union Post 297 Senior American Legion Baseball Player Trey Fink. Earlier this season in a game against St. Peters, Trey pitched a complete game with 11 strike outs and no walks in an 8-1 win. He also went the distance in a tough luck 6-1 loss to Washington. He only gave up four hits with 13 strike outs and one walk. Time and again, Trey has proven his ability to go deep into games.

OFF THE CUFF with Diane Jones

2 weeks 3 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.

OFF THE CUFF ARCHIVE

SPORTS CORNER

23 hours 12 min ago

The Washington Seniors played two games Sunday and finished 1-1 for the day. Post 218 thrashed Pacific 29-4 with Mitch Barrow posting five hits. In the second game, Washington lost to Warrenton 4-3 at Warrenton High School. Ben Stephens pitched a complete game with nine strike outs and five walks to post the win. The game was tied at two after the first inning.