Treasurer reports solid budget forecast, explains CRA agreements affecting district receipts
Treasurer reported the August budget-versus-actual remains favorable three months into the fiscal year and explained City of Mason CRA agreements reduce near-term property tax receipts but currently provide the district 35% where state minimum is 25%; he said the district has no approval role in CRA deals negotiated by the city.
The full story
Treasurer Mr. Morrow told the board the district’s August budget-versus-actual shows the district is performing in line with forecasts three months into the fiscal year and said he remains positive about the financial model. "When you look at it, you'll see the model's still very good," he said, summarizing the August forecast.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in