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Bethlehem Area SD finance committee flags December cash‑flow squeeze; considers revenue anticipation note and reserve changes
Summary
At an Oct. 13 finance committee meeting, staff projected district cash reserves would fall to less than two months of expenses by December and discussed short‑term financing options including a revenue anticipation note, state debt intercept, and uncommitting $44 million in reserves; board agenda items for Oct. 20 were set.
The Bethlehem Area School District Finance Committee met Oct. 13, 2025, and heard from finance staff that the district’s cash balance — projected at about $109,000,000 in October — will decline sharply after November and could fall to less than two months of operating expenses by December.
“At this point in time, we’re gonna be okay. But come December, we have less than 2 months of expenses left,” said Mr. Rysakasian, finance staff, summarizing the committee’s cash‑flow projection and a spreadsheet showing monthly declines of roughly $30 million after November.
Committee members discussed three short‑term…
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