Skip to content
Laredo News

UISD board to vote on $30M borrowing plan as reserves run low

UISD board to vote on $30M borrowing plan as reserves run low
Photo: KGNS — Top News · view original

LAREDO, Tex. (KGNS) - The United Independent School District is considering a $30 million loan from PNC Bank as its unassigned reserves are projected to fall to as little as $2 million by the end of the month — a fraction of the roughly $37 million the district spends each month to operate. Admin...

Sources and story details