[SchoolFinance] Revenue Anticipation Notes

[Richard (Jay) Moore]

Thats the same thing as a the Tax Anticipation Note that Marge asked for.
It’s why we do the cash flow spreadsheet to keep track of cash.   If we
didn’t have enough to pay the bond note due in November we would have to
ask for a loan knowing we are getting money from the towns and state
eventually.  We’d then pay the note off.

On Wed, Jan 10, 2024 at 10:13 AM Heather Reale <hreale at wocsd.org> wrote:

> Can you explain what that is?
>
> *Heather A. Reale*
> Interim Director of Finance
> Wells-Ogunquit Community School District
> hreale at wocsd.org
> 207-641-6909
>
>
> On Wed, Jan 10, 2024 at 7:35 AM Scott Vaitones <scottv6505 at gmail.com>
> wrote:
>
>> Good morning,  looking to get a sense of how many systems have gotten a
>> Revenue Anticipation Note in the past 5 years?
>>
>> Thank you,
>>
>> Scott Vaitones
>> --
>> Scott Vaitones
>> Consultant
>> Specializing in School Business Management
>> PO Box 12
>> 47 Teel Cove Road
>> Tenants Harbor, ME. 04860
>> E-mail: scottv6505 at gmail.com
>> Cell: 207-596-3377
>> _______________________________________________
>> SchoolFinance mailing list
>> SchoolFinance at maillist.informe.org
>> http://maillist.informe.org/mailman/listinfo/schoolfinance
>
> _______________________________________________
> SchoolFinance mailing list
> SchoolFinance at maillist.informe.org
> http://maillist.informe.org/mailman/listinfo/schoolfinance

-- 
___
Jay Moore
Wells-Ogunquit Community School District
(207) 641-6902





*This email and any files transmitted with it are confidential and
intended solely for the use of the individual or entity to whom they are
addressed.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://maillist.informe.org/pipermail/schoolfinance/attachments/20240110/55982fa5/attachment.htm>