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EXTENDED VERSION: UISD borrows $30M amid financial crisis driven by declining enrollment

EXTENDED VERSION: UISD borrows $30M amid financial crisis driven by declining enrollment
Photo: KGNS (NBC/ABC affiliate) — Local News · view original

LAREDO, Tex. (KGNS) - United ISD is preparing to borrow $30 million to maintain cash flow as declining enrollment reduces state funding and expenses remain high. The district’s board of trustees is scheduled to consider the proposed loan Wednesday, Aug. 12. Superintendent Dr. Gerardo Cruz, who ha...

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