What happens to the remaining funds in a sinking fund after the debt is repaid?

Water, Light & Sinking Fund Commission. The Water, Light & Sinking Fund Commission oversees the operations of Dalton Utilities which provides a wide range of ... 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 ... A sinking fund is for the expenses you know are coming in the next few months. Think of it as saving for planned future expenses. 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 ... Oct 22, 2024 ... A sinking fund is a savings method that helps fund a specific purchase or expense by a certain date. A sinking fund is an amount of money which is set aside to cover any major work which is needed on a property in the future. 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. The Sinking Fund Millage has already supported projects that include classroom updates, flooring, track resurfacing, mechanical and bathroom improvements, ... Sinking Fund. Thank You. Lake Orion Community Schools voters approved the Building and Site Sinking Fund in August 2016, providing a dedicated source of funding ... Empowering Students, Valuing Diversity, Inspiring Curiosity, Pushing Possibilities. Grosse Pointe Public School System.