Lausd Holds Off On Vote Over Taking On $320m in New Loans
Los Angeles Daily News › October 20, 2010
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Summary
Los Angeles Unified officials postponed a vote Tuesday on a plan to take out $320 million in loans for new capital improvement projects after a recent report raised questions about the spending plan.
District officials want to use certificates of participation, loans that fund projects and are generally repaid from the same fund that pays for salaries and supplies, to borrow money for projects, including solar panel installations and relocating a police station.See the full content of this document
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Lausd Holds Off On Vote Over Taking On $320m in New Loans
Under the plan, the district would pay back at least part of th...
See the full content of this document
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