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Treasurer reports dip in year-to-date tax revenues; capital balances available for projects
Jenkintown School District Board (work session) · September 10, 2025
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Summary
Finance staff reported about $41.4 million in the general fund and roughly $725,000 in capital-projects funds; year-to-date tax revenue is lower than last year (reported drop from about $7 million to $5 million) and staff attributed part of the reduction to delayed payments by a third-party processor (CoreLogic).
At the Jenkintown School District work session, finance staff reported the district's general-fund balance at about $41.4 million and the capital-projects balance at about $725,000, while noting the capital balance will decline as ongoing…
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