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 Friday, July 25, the 206th day of 2014. There are 159 days left in the year.
1864 -- 150 years ago: Walter Jones, of Co, F 23rd Ky, volunteers, lost a satchel on the Camden road, yesterday, containing his papers of discharge from the army. 1889 -- 125 years ago: E. W. Robinson purchased from Mrs. J.T. Miller the livery stable on the triangle south of Market square. 1914 -- 100 years ago: A municipal; bathing beach was advocated at the weekly meeting of the city commission by commissioner Rudgren, who suggested the foot of Seventh Street as an excellent location. 1939 -- 75 years ago: Floyd Shetter, Rock Island county superintendent schools, announced teachers hired for nearly all of the 95 rural and village grade schools in the county. 1964 -- 50 years ago: The mercury officially reached the season's previous high of 95 about noon today and continued upward toward an expected mark of 97. 1989 -- 25 years ago: Fort Armstrong hotel once the wining and dining chambers of Rock Island's elite is under repair. Progress is being made though at a seeming snail's pace to return the building to a semblance of its past glory for senior citizen's homes.