Can a sinking fund be used to fund future acquisitions?

The 2024 Sinking Fund Millage will be on the ballot on November 5th, 2024. The proposal seeks a 1.75 mill levy over a period of five years. If approved by ... Voters will be asked to consider the District's Building and Site Sinking Fund ballot proposal on May 6, 2025. This levy will maintain the existing 2024 millage ... Section. 1212 provides that, with voter approval, a school district may levy a sinking fund tax to pay for certain allowable capital improvement projects and ... This lesson discusses the Sinking Fund Factor (SFF); one of six compound interest functions presented in Assessors' Handbook Section 505 (AH 505), ... Such sinking fund shall be a fund for all such bonds without distinction or priority of one over another. Oct 30, 2023 ... A sinking fund is simply a savings account that you use to save for an expense that you know you will need to pay for in the future. The Union Pacific Railroad Company filed its petition in the Page 99 US 701 Court of Claims against the United States. The court found the following facts. Jul 8, 2024 ... The approximate 0.5 mill tax (0.4983 mills), which has been renewed by the community consistently for 60 years, provides specific dollars for ... Schools do not receive recurring funds for the repair, maintenance, or renovation of their infrastructure. Eaton Rapids Public Schools, like many schools in ... Sinking Fund Renewal. On May 6, 2025, the district will be asking voters to decide on the renewal of our Sinking Fund. For 10 years, this fund has been an ...