[SchoolFinance] Revenue Anticipation Notes

Kate Bolton kbolton at scarboroughschools.org
Wed Jan 10 12:18:19 EST 2024


Hi Scott,

No notes in recent years in Scarborough.

:) Kate

Kate Bolton
(she/her/hers and here's why <https://www.mypronouns.org/what-and-why/>)
Director of Business & Finance
Scarborough Public Schools
Tel: 207-730-4114



On Wed, Jan 10, 2024 at 12:10 PM Richard (Jay) Moore <rimoore at wocsd.org>
wrote:

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