Finance committee hears district cash-management plan; $30M in short-term investments

During questions on the revenue report, a committee member asked whether higher‑than‑expected revenue could be put to work to benefit the budget. Miss Green replied that the district already manages cash through a laddered short‑term strategy: "I have $30 million invested out," she said, and described staggering maturities through the winter and spring to maintain liquidity.

Miss Green said she splits the invested pool across multiple maturities so that if cash is needed before a long maturity, some funds remain available. "I do short-term investing. Um, they're fixed rates and they're fixed term. So I have investments going through November, December, January, February, March, and April right now," she said. The business office will consider reinvesting maturing tranches into longer terms if the district remains in a strong financial position.

The explanation was presented as operational practice rather than new policy; the committee did not take action but heard the current treasury approach and its implications for cash flow.

Provenance: topicintro SEG 164, topfinish SEG 205.