Impact Aid Update

sfegley  posted on: 09/21/09 01:34 PM

My voicemail this morning had some good news on it. The folks in DC called to say we can expect a 1994 payment on section 2 ( land based) aid in the amount of $33,792.00! See we told you you can never tell when you're going to get that Federal Money or how much of what you're due to expect. Normally we would just chalk this up to unanticipated revenue and throw it at next year's fund balance roll-over. Given the capital project vote we hope to soon have, maybe we should consider a budget amendment and apply this to the local share and try to wipe out the tax impact. Your thoughts? We can discuss this next time, or you can email me or even post a response here. Let's see...