The Inglewood Unified School District has received a $17.4-million short-term loan that will allow it to avert a looming bankruptcy, a district official said.
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Wednesday, February 29, 2012
Inglewood schools get loan to avert looming bankruptcy
The $17.4-million short-term note will eliminate any need for a state emergency loan. The district had feared it would run out of cash by May.
The Inglewood Unified School District has received a $17.4-million short-term loan that will allow it to avert a looming bankruptcy, a district official said.
The Inglewood Unified School District has received a $17.4-million short-term loan that will allow it to avert a looming bankruptcy, a district official said.
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