What are the risks associated with investing the money in a sinking fund?

On November 5th, voters will have the opportunity to consider a ballot measure to renew our "sinking fund" for an additional 10 years. This fund provides an ... Mar 14, 2022 ... A sinking fund is a savings account dedicated to a particular expense that you fund gradually through regular payments. noun ... Definition of sinking fund ... Example Sentences. What is a Sinking Fund? A Sinking Fund allows a school district to make improvements for specific purposes, as allowed by the state. If approved, it would allow ... There shall be created a sinking fund, which shall be sufficient to pay the accruing interest on such debt, and, annually, to reduce the principal thereof. Oct 7, 2022 ... These funds guarantee dollars for facility improvements, protecting the investment the community has made in the district. This Sinking Fund ... Apr 11, 2023 ... Take large or infrequent expenses and break them down into manageable monthly chunks. That way, you'll already have the money set aside when the ... The Sinking Fund Millage has already supported projects that include classroom updates, flooring, track resurfacing, mechanical and bathroom improvements, ... Sep 25, 2024 ... If the 2024 sinking fund millage is approved by the voters, it will generate approximately $11 million annually for 10 years. This will allow ... 2022 Sinking Fund Proposal Important Facts · Election Date: November 8, 2022 · Not to exceed 1 mill to levy on all properties in the Wayne-Westland Community ...