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Western Slope school districts turn to interest-free loans to keep classrooms running through temporary funding gaps
The state said the notes will help districts cover cash-flow gaps and avoid using emergency reserves as property tax revenue arrives.
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3 Articles
3 Articles
Aspen Times+2 Reposted by 2 other sources
Western Slope school districts turn to interest-free loans to keep classrooms running through temporary funding gaps
Amid tight budgets and wait times for funding, some Western Slope school districts are using interest-free loans to keep classrooms running through cash flow gaps. The Colorado Department of the Treasury announced on Sept. 3 that it had completed a $475 million sale that would be distributed as interest-free loans among 27 participating districts — including Aspen School District, Eagle County RE-50, Roaring Fork Schools and Summit County RE-1. …
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Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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