School funds won't come until summer

Businesses can't operate without revenues, superintendent notes

CANNELTON - In giving his financial report during a regular school-board meeting Wednesday, Cannelton Schools Superintendent Al Chapman said property-tax revenue isn't normally provided until May or June each year, but he'd received word it won't arrive until July.

"I heard we probably won't see it until August," board member Barbara Beard told him. She presided over the meeting in the absence of Board President Christal Moskos, who was out of town, Chapman said.

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