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operating reserves

  • School cash reserves set new record at $2.3 billion

    School cash reserves set new record at $2.3 billion0

    In yet another affront to students and taxpayers, school districts increased cash reserves by $107 million last year, setting a new record of $2.3 billion.  The largest portion, operating cash reserves, increased from $942 million to $998 million.  Cash set aside for debt payments went from $605 million to $649 million, capital outlay reserves increasedREAD MORE

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