Treasurer: Riverside schools "in really solid shape" but House Bill 920 and county adjustments tighten outlook
The treasurer told the board the district maintains strong cash balances and unencumbered funds but faces revenue pressure from recent state and county actions. He outlined how Certificates of Participation and TANs would change PI levy debt service and urged data-driven feasibility before expanding projects.
The full story
The district treasurer presented a detailed financial briefing showing healthy cash balances but notable fiscal pressures the board must consider, particularly from recent state and county-level tax shifts.
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