Word: linford
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Dates: during 1980-1989
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...about 10%. Result: this year the school fund raised $15.5 million in interest for its member districts. Voters are happy because the earnings keep property tax increases down. Nor are the school revenues tied up for long periods of time: districts can write checks on the fund. Says Linford Moyer, executive director of the Pennsylvania Association of School Business Officials: "The fund's advantage is that we have broadened the possibilities of return on investments without jeopardizing safety...