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, Oct. 2, the 275th day of 2014. There are 90 days left in the year.
1864 -- 150 years ago: The ladies have adopted the fashion of wearing representations of insects in the flowers on their bonnets. Some look very natural. 1889 -- 125 years ago: T.F. Cary, former Rock Island alderman, has accepted a position as salesman for a Chicago wallpaper house and plans to move to that city. 1914 -- 100 years ago: Work on the new telephone building on 18th Street between 6th and 7th avenues is progressing rapidly. 1939 -- 75 years ago: Rock Island's new theater at 3rd Avenue and 19th Street will have a name significant of its location. The "Rocket" is scheduled to open Thanksgiving Day. 1964 -- 50 years ago: Two of Rock Island's newest water towers were vandalized last night, including the one at 38th Street and 31st Avenue, where police took five Moline boys into custody about 9 p.m.. 1989 -- 25 years ago: Some of us who live in the Quad-Cities take the Mississippi River for granted, or at least we used to. But the river is not taken for granted by our visitors. And most Quad-Citians are realizing the importance of the river to this area as increased emphasis is placed on tourism.