How will the use of operating funds for capital projects impact the District in the long-term, i.e., will it bring about another operating fund referendum in the near future?
The District’s projections have included the use of funds, as described, for the facilities program. The projection predicts that the operating budget would be balanced (revenue equal to or exceeding expenditures) through 2014. There are many assumptions that make up this projection. The financial projection and assumptions are contained in the 2007-08 budget document, available at the public libraries and on the District 203 website at: http://www.naperville203.org/assets/NCUSDBudget07-08.pdf.
Related Questions
- How will the use of operating funds for capital projects impact the District in the long-term, i.e., will it bring about another operating fund referendum in the near future?
- What is the Capital Projects Fund expenditure mentioned in the announcement of eligibility letter to the district superintendent? Why is it required?
- What groups are eligible for Nonprofit Space Capital Fund San Francisco/Alameda County Program funds?
