ORION -- School board members on Wednesday learned the district won't be in bad shape, even if the state prorates aid to 74 percent.
Superintendent David Deets told board members such a change by the state wouldmean a $100,000 cut to the district. But he noted the district'sfund balances are almost $5 million, enough to keep the district in business for 65 days.
He noted accountants would prefer a 90-day cash reserve, or $4 million to $5 million more. But he noted "that's almost impossible to achieve in today's environment."
He credited building principals and staff with being prudent with money.
"I think we've accomplished tremendous efficiencies," he said. "We have more people doing more with less. We can be pleased our fund balances are as stable as they are."
School board president Doug Nelson recalled the worst of Orion's cash reserves years ago.
"At the bottom level, we were at 16 days and we knew we were in a world of hurt," he said.
Mr. Deets also said the district has maintained a "pretty good" tax rate in recent years that has been stable despite roof work. He said district officials are mindful that a low tax rate is key to growing the community.
"We bit the bullet some years ago and it was painful," he said, adding he didn't foresee any drastic reductions in the future.
Also on Wednesday, the board:
-- Learned Orion tied for the highest number of Illinois State Scholars among smaller districts in the area. Orion has nine: Drew Amador, Austin Anderson, Hannah Blaser, Melinda Buckrop, Katherine Garrity, Adam Killion, Tyler Nelson, Jacob Schulenberg and Benjamin Vanduyne.
-- Approved Moline's request to withdraw from the Black Hawk Area Special Education District. United Township and Silvis school boards also have approved the request.
-- Approved a $20,000 phone system Mr. Deets said should bring the district into this century while providing labor efficiencies.
-- Reviewed an informational sheet showing that, at halfway through the year, the district has spent 54 percent of its budgeted expenditures and taken in 49 percent of budgeted revenue.
Today is Thursday, June 20, the 171st day of 2013. There are 194 days left in the year. 1863 -- 150 years ago: The latest interpretation of the conscription law is said to be that $800 can be paid for an exemption, in which case the person will be eligible for call ina subsequent draft; or a substitute can be furnished. In the latter case, if the substitute isaccepted, the person he represents is exempted for that draft period. 1888 -- 125 years ago: A floral concert presented by Central Presbyterian Church womenattracted a large crowd yesterday. 1913 -- 100 years ago: Milton Reed, infielder on the Davenport baseball club, has beensold to the Philadelphia National league team. 1938 -- 75 years ago: The State Bank of Rock Island has doubled its capital structure,raising it to $1 million, according to Lewis B. Wilson, president of the bank. 1963 -- 50 years ago: The American Wind Symphony Orchestra will present two concertsin the Quad-Cities on Aug. 6, performing from its specially equipped stage-barge. Thebarge, which is traveling the Mississippi River route, will be moored just off the shore forthe concerts. 1988 -- 25 years ago: Fines for overdue items at the Rock Island Public Library are beingincreased to 10 cents per day per item effective July 1. Fines will not be prorated onbooks returned after that date.