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
2024-02-22
51
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] What surprised the School Board?
选项
A、The budget officers transferred school reserves.
B、There was a $ 28 million revenue shortfall.
C、There would be lean years for the school.
D、The school funds were low.
答案
A
解析
根据题干关键词surprised,School Board定位到原文第一段第一句: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. 可知郡预算机构动用了公立学校储备金,这让学区委员会震惊。dip into“动用,挪用”,A)项符合文意。
转载请注明原文地址:https://tihaiku.com/zcyy/3472765.html
相关试题推荐
[originaltext]Manypeoplethinkofschoolsasbuildings,teachersandstude
[originaltext]Manypeoplethinkofschoolsasbuildings,teachersandstude
[originaltext]W:HeyPhil,HaveyoueverbeentoaJapanesepublicbath?Ihear
HistoryofPublicTransportationIn1915,theMorrellv
HistoryofPublicTransportationIn1915,theMorrellv
HistoryofPublicTransportationIn1915,theMorrellv
HistoryofPublicTransportationIn1915,theMorrellv
HistoryofPublicTransportationIn1915,theMorrellv
HistoryofPublicTransportationIn1915,theMorrellv
HistoryofPublicTransportationIn1915,theMorrellv
随机试题
(1)ThismonthSingaporepassedabillthatwouldgivelegalteethtothemor
WhydidJim’sparentshaveaserioustalkwithhimoneyearago?BecauseJimhad
2018年3月16日博峰地区核桃协会向国家知识产权局提出在第××类核桃商品上注册
隔离栅产品的主要质量评定标准为()。A.《隔离栅第1部分:通则》(GB/T269
目前,国内银行代理的债券主要包括( )。A.公司债券 B.企业债券 C.政
阅读材料,完成题。 诸葛亮《出师表》原文 先帝创业未半而中道崩殂,今天下
足月新生儿,日龄6天。生后第三天出现皮肤黄染,无发热,精神状态好。心肺(-),血
2岁小儿脉搏的正常值为A.100~120次/分 B.120~140次/分 C
报表数据可能来源于()。A、手工录入 B、系统内其他模块 C、报表管理模块其
施工单位与发包方以及监理单位涉及规范规定的签章文件时,施工单位需要具有注册建造师
最新回复
(
0
)