Short on financial knowledge, some school districts get bad deals on bonds
The Hechinger Report
APRIL 22, 2019
The building is not completely ADA accessible. Pipes have been left in disrepair in an Antonia Elementary School art room storage closet in Imperial, Missouri, causing sewage to drip through. Also, the debt was structured so that the district was making interest-only payments until 2026, increasing the overall cost of the loan.
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