The Jefferson County school district was forced to take out a short-term loan to cover payroll for the 220 teachers and other employees in the system after $2.7 million it held in the pool was frozen yesterday. At least five other districts also obtained last-minute loans.......more"What we just experienced here is a classic run-on-the bank meltdown.''........Hal Wilson, chief financial officer of the Jefferson County school district
1 comment:
Hey Stogie,
I did a post on this today too. I don't claim to be an expert on all this money stuff being that it is I don't have much, but it sure seems like a big skid mark in Jebs t-back if he let school funding drift in the wind of the Big Shitpile.
Post a Comment