ISAAC CASH REQUEST JULY 2020.PDF
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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