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Mount Lebanon treasurer warns state budget impasse could cause future cash‑flow strain
Summary
The district received half its annual gaming revenue in August but no other state aid because of a state budget impasse; the treasurer and staff told the board local real estate collections are cushioning cash flow for now.
Mount Lebanon school officials told the board on Sept. 8 that the district has received its August share of gaming revenue but no additional state funding because the commonwealth budget remains unsettled, and that continued delays could cause cash‑flow stress later in the school year.
The district’s treasurer presented the monthly cash and investment statements for the period ending Aug. 31 and said revenue from local sources — principally real estate taxes — has arrived on schedule and is sustaining operations for now.
The treasurer’s report matters because a prolonged state…
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