ISAAC CASH REQUEST JULY 2020.PDF

Maricopa County — Formal (2020-07-22)

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ISAAC SCHOOL DISTRICT NO. 5
3348 West McDowell Road

Phoenix, Arizona 85009-2416

602-455-6700 Fax

602-278-1693

Mario Ventura, Ed. D., Superintendent

June 18, 2020

Maricopa County School Superintendent

4041 N Central Ave.

Suite 1200

Phoenix, AZ 85012

Attn: Marc Kuffner

Re: Cash Shortage

Mr Kuffner:

It has been determined that Isaac School District will have a cash shortage of $8,922,396 and will need

to adjust the tax rate to generate the dollars. This is due to years of additional state aid not being fully
funded. Please let me know if this letter is sufficient to make the adjustment.

Sincerely,

Ky Ag

Mrs. Lynn Lang
Chief Financial Officer