The Covert School Board agreed to take on a more than $1 million dollar loan to keep the district going. The loan will allow the distict to meet its August payroll obligations and make less cuts. The school board had previously voted against borrowing, but it appears they didn't have much of a choice. Superintendent Stephanie Burrage feels positive about the choice the board made and says the district has taken another step closer to getting back on track. She said the loan should carry a very low interest rate. Burrage says it is only the first piece of a puzzel the district is solving:
Burrage says the district will need to continuously re-evaluate where its budget is at and make sure to save wherever possible.
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