How can families use the sinking fund concept to save for future expenses?

The Sinking Fund Millage has already supported projects that include classroom updates, flooring, track resurfacing, mechanical and bathroom improvements, ... Munising Public Schools ... The August 6, 2024 Ballot will include a 10-Year Sinking Fund proposal to fund safety & security improvements and complete repairs and ... Dec 7, 2024 ... A sinking fund is a dedicated savings account for planned future expenses that you know will occur, but aren't included in your monthly budget. Jul 23, 2024 ... A sinking fund simply means money put aside over time for a particular purpose, like a big bill. By having sinking funds set up, I didn't have to worry about ... The Byron Area Schools 3.0 millage sinking fund will be used for safety and security upgrades, as well as electrical and plumbing upgrades. 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 ... Hartland Consolidated Schools voters approved sinking fund levy, which provides a dedicated source of funding for long-term facility repairs and renovations. Mar 14, 2022 ... A sinking fund is a savings account dedicated to a particular expense that you fund gradually through regular payments. Aug 9, 2024 ... A sinking fund helps you plan for one-off and irregular expenses so your budget isn't thrown out of whack. Here's how a sinking fund works ... A sinking fund is levied on all property located in the school district and would generate $704,000 per year for 10 years for district improvements. This ...