What happens if you reach your sinking fund goal early?

WLPS is asking the Whitmore Lake community to vote on Tuesday, November 5th, on a 10-year, 1.5 mill Sinking Fund that would generate approximately $1 million ... This lesson discusses the Sinking Fund Factor (SFF); one of six compound interest functions presented in Assessors' Handbook Section 505 (AH 505), ... 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 ... Jan 31, 2024 ... The rule for sinking funds is that every housing society must contribute money regularly to it. The goal is to ensure there's enough money for ... 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 ... Jun 2, 2023 ... What is a sinking fund? A sinking fund is a pot of money created by setting aside money regularly to pay for planned yearly expenses. Sinking ... Water, Light & Sinking Fund Commission. The Water, Light & Sinking Fund Commission oversees the operations of Dalton Utilities which provides a wide range of ... 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 ... FIN-3.24 - Waterfront Renewal Bond Sinking Fund - Fund 303. Binding City Policies (BCP). Policy category. Fund Statements of Purpose. Policy number. FIN-3.24. GHAPS tax year 2023 Debt Millage rate is 2.29. In tax year 2025, the Debt Millage rate will be 0.00. If approved, the .70 Sinking Fund Millage rate would be the ...