Seattle College District Cash Reserves – 99 Million Dollars?

According to a document from the Washington State Legislature, the Seattle College District had $99,388,219 in cash reserves at the end of 2016. Here is the district’s cash reserves from June 30th of the past five years:

2016: $97,974,682
2015: $99,199,717
2014: $90,779,199
2013: $80,173,788
2012: $66,129,906

We asked for a detailed breakdown of the district’s cash on hand to understand why layoffs and cuts are necessary in our May 10th information request, but have yet to receive a response to that question.  We will share it when we do get an answer!

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