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Capital Reserve Funds

Schools
Orange County Votes On School Budgets, New Buses, Capital Reserves Orange County Votes On School Budgets, New Buses, Capital Reserves
Orange County Votes On School Budgets, New Buses, Capital Reserves As Orange County residents go to the polls on Tuesday, May 15, they'll be asked to OK a number of school budgets that seek to spend close to the state-imposed tax cap. Other school districts, meanwhile, have proposed creating "capital reserve funds," or so-called "rainy day" accounts for repairs or other emergency expenses. And several school districts seek taxpayer approval to buy new school buses. Here is a summary of major budget and ballot issues, in addition to school board elections: Chester School District proposes a $27.6 million budget. Cornwall School Distric…

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by Jon Craig