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Ysleta ISD Seeks New Lender for $32 Million Loan Amid Funding Delays

KTSM••Aaron Montes
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The Ysleta Independent School District is actively seeking a new lender to secure a $32 million loan necessary for funding payroll and operational costs for the upcoming school year. This financial support is crucial as the district awaits state funding from Texas. The urgency of this search highlights the ongoing financial challenges faced by the district, which must ensure that its operations continue smoothly despite the delays in receiving state funds.

Key Details: • Ysleta ISD is looking for a lender to provide $32 million. • The funds are intended for payroll and operational expenses. • The district is waiting for state funding to arrive.

ysleta-isd education funding loan

People & Organizations

TexasYsleta Independent School District

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