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Trinity County Loans $1 Million To School District

A Trinity County school district facing a cash shortfall has received a short-term loan from the county. According to the Trinity Journal, the 1 Million Dollars will bridge the gap for the Trinity Alps School District until property tax revenue is received, probably in March. Schools receive funding at different times throughout the year, and with county property tax bills not due until December 10th, it’s not unusual to run short on cash in January. The district has been dealing with mold issues at it’s 2 schools since the Summer and is is already $10 Million into the abatement project, using emergency reserve funds to rent portable buildings in order to start school in September. There’s a $16.67 Million school bond measure on the March 3rd ballot to raise funds for emergency mold abatement, reconstruction and modernization of Trinity High School and Weaverville Elementary School facilities. The cost to homeowners in the district would be six cents per $100, or $60 per $100,000 of assessed home value to generate just over a Million Dollars a year. The district includes Burnt Ranch, Coffee Creek, Douglas City, Junction City, Lewiston, Trinity Center and Weaverville. To pass, the measure would need approval from 55 percent of voters, plus one.