首页
登录
职称英语
Loudoun County budget officers dipped into public school reserves to help fi
Loudoun County budget officers dipped into public school reserves to help fi
游客
2023-07-21
52
管理
问题
Loudoun County budget officers dipped into public school reserves to help fill a $ 28 million revenue shortfall this week, surprising the School Board, which was saving money for the lean years expected ahead.
The county’s chief financial officer, Mark D. Adams, said the transfer showed that some funds were low and others high. Adams said the accounting change would not affect services or operations for the county or the schools this year.
Unfortunately for the school system, most of the low funds were on the county side. The county had expected to end the year with a balance of $ 39 million, but depressed real estate revenue led to a balance of $11 million. The school system was in better shape and ended the year with a surplus of $ 36 million.
The School Board had hoped to save the surplus for next year. Early estimates put the schools’ shortfall for next financial year at $ 70 million.
The county decision prompted the School Board to schedule a special meeting Monday to talk to its attorneys and deal with the effect of the funding transfer. Vice Chairman J. Warren Geurin said the board is "not pleased" with the changes when "Loudoun County’s checkbook does not balance. "
The School Board approved a resolution to send to the county supervisors, requesting that the funds be restored when they approve next year’s budget. The document declared that the shortage was "caused by the faulty revenue assumptions used last spring by County staff and the Board of Supervisors. "
Loudoun County budget officers and some supervisors responded Tuesday that the extra money does not belong to the schools.
Maintaining a balanced budget and healthy reserves is crucial to qualifying for a AAA bond rating, which helps the county borrow money at better interest rates.
But school officials said they were concerned about the effect it will have on their budget for next year, when they are coping with more than 3,000 new students and rising health-care costs.
The county is ready for steep cuts to all its services next financial year. The budget for schools and other services is $1.4 billion. If no increase in the tax rate is approved, county officials are projecting a $157 million shortfall [br] According to the passage, ______ will narrow the county’s financial shortfall.
选项
A、to reduce the number of students
B、to lessen healthcare costs
C、to increase tax rate
D、to qualify a three A bond rating
答案
C
解析
根据题干关键词financial,shortfall定位到原文最后一段最后一句:If no increase in the tax rate is approved, county officials are projecting a $157 million shortfall. 可知如果不提高税率,郡政府可能会面临1.57亿的资金短缺,即要缩小资金缺口可以提高税率,C)项符合原文。
转载请注明原文地址:https://tihaiku.com/zcyy/2856505.html
相关试题推荐
RobSapp,27,fromKent,lovedgameswhenhewasattendingschool.Infact,
RobSapp,27,fromKent,lovedgameswhenhewasattendingschool.Infact,
RobSapp,27,fromKent,lovedgameswhenhewasattendingschool.Infact,
RobSapp,27,fromKent,lovedgameswhenhewasattendingschool.Infact,
Thereisapopularbeliefamongparentsthatschoolsarenolongerintereste
Thereisapopularbeliefamongparentsthatschoolsarenolongerintereste
Thereisapopularbeliefamongparentsthatschoolsarenolongerintereste
Thereisapopularbeliefamongparentsthatschoolsarenolongerintereste
Thereisapopularbeliefamongparentsthatschoolsarenolongerintereste
Thereisapopularbeliefamongparentsthatschoolsarenolongerintereste
随机试题
WheretheWildThingsare"Ididn’tsetouttomake
word文档文件的扩展名是()。A.txt B.doc C.bat D.
关于血红素合成的叙述,正确的是A.合成原料为脂肪酸、甘氨酸、Fe B.中间产物
进行工期和成本的同步控制的方法是()。A、偏差分析法 B、挣值法 C、
在城镇住房制度改革中,出售公有住房的标准价、成本价属于( )。A.政府指导价
城市供电工程详细规划中的主要内容包括( )。A.对详细规划区中各类建筑进行负荷
以下关于员工培训规划的说法不正确的是( )。A.建立在培训需求分析的基础上
简述现代企业人力资源管理各个历史发展阶段的特点。
下列通知标题正确的是()。A.X县教育局转发教育部关于加强家庭教育工作的
《水运建设市场监督管理办法》第二十条规定()应当加强工程款管理,专款专用。A.
最新回复
(
0
)