Claremont school board approves $4 million short-term loan for daily operating expenses

NH News Recap: Claremont acquires bank loan amid budget crisis; judge blocks DEI ban

The Claremont School Board has authorized a bank loan that will cover some daily expenses as the district faces a $1 to $5 million deficit. Meanwhile, the town of Pittsfield is also facing a budget shortfall of over a million dollars.

Claremont school board approves $4 million short-term loan for daily operating expenses

The Claremont School Board voted Wednesday night to authorize a $4 million bank loan to help with short-term cash flow problems.

Claremont School Board blames administration for deficit

The Claremont School District could be anywhere from $1 million to $5 million in debt, and residents are demanding answers about where their tax payments went.