Business manager warns lower property values could complicate bond payments
Business Manager Mindee Mata told trustees taxable property values are down this year and that exact figures will be available in July; she warned the decrease could make bond payments harder to manage.
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Mindee Mata, the district's Business Manager, reported to trustees that taxable property values are down this year and that the district "will know by exactly how much in July." She said the board should be aware that lower values "could make it harder making the bond payments," though she added the district expects to manage until final figures arrive.
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