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Park Hill treasurer reports bond sale deposit and stable operating cash; county tax timing may delay property revenue
Summary
At its Oct. 9 meeting Park Hill staff told the board that KeyBank made a good-faith deposit after a September bond sale and that full proceeds will appear on next month's treasury report; staff also warned that property tax revenue timing depends on the county reassessment and could show up in November–January.
The Park Hill School Board received its quarterly treasurer's information report on Oct. 9, during which the treasurer summarized revenue timing, recent bond activity and major September expenditures.
The treasurer noted the district’s single largest revenue source—property taxes—will be affected by county reassessment timing. "It will actually be November before we begin to see…
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