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СпутникиРНSpaceXРоскосмосNASACPS needs the loan to make up for late county property tax payments. That loan, designed for government bodies facing short-term cash flow needs, would help cover a missing $400 million of $700 million the district needs for operations in September, according to a memo CPS sent board members this week. Experts said the district will probably be able to secure loans in the time frame it needs. But, it’s going to cost the district more in interest.
CPS needs the loan to make up for late county property tax payments. That loan, designed for government bodies facing short-term cash flow needs, would help cover a missing $400 million of $700 million the district needs for operations in September, according to a memo CPS sent board members this week. Experts said the district will probably be able to secure loans in the time frame it needs. But, it’s going to cost the district more in interest.
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The Railroader
6 days ago
By ‘uncertain’, DNC/IEA/CTU stenographers Reema Amin and Becky Vevea really meant ‘non-existent’. If this lack of money morphs into unobtainium from JB the Hutt and his fellow Springfield thieves, then what?
Reply to The Railroader
Then, they’ll just strike during the school year.
The Railroader
5 days ago
Reply to mqyl
Bingo!
Cue the Useless Media sob stories to trigger the AWFLs into capitulating.
All the thumbs down votes ctu hates reality
Of course they did. We all knew it was coming. Layoff by 7/31 rehired by 8/3. Cooking the books
Fed up neighbor
7 days ago
What’s next, Insolvency.
Reply to Fed up neighbor
Nah, this has been orchestrated and is nothing more that theatre for tax payers. The corrupt state government will of course steal and spend our tax money on this failed school district to pay their owners. Corruption right in your face.
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