UPDATE: Untimely Deposits Mess Up Cashflow

Yesterday, we reported that there may be an issue between the Spring-Ford Area School District and Upper Providence after an audit was released on Upper Providence Tax Collector Beverly Nohl.

Business Manager Tim Anspach caught up with Editor Kevin Haslam to explain the discrepencies, which lie within the per capita collections not being reported on time.

"The issue generally has been there’s been a number of complaints from residents in the districts who follow through, basically," Anspach said. "People pay their taxes and aren’t getting a return slip back, even after following up."

Anspach said he is still reviewing the materials that have been reported to the district.

"The obligation should be to make deposits timely," he said. "The district in the past has been able to make interest on the money deposited by the tax collector. What this does is it messes up our cashflow projections. I expect so many dollars to be in the bank and we've got to make payrolls. If it’s not there until a month later, that messes up cash flow projections."

There should be an update on the issue by the next school board meeting in April.

"Bottom line, it’s been a very frustrating process," Anspach concluded. "Some of it could be with growing pains. The township itself has gotten so big. It may be an issue of it being tough for one person to handle."

You can read the original story .