School district applies for $3.8 million bridge loan
By Stephen Floyd The Silver Falls School District (SFSD) has applied for a $3.8 million loan to help address a $1.3 million cash shortfall, with most of the funds expected to be invested to offset financing costs. During a special meeting April 11 of the SFSD Board, officials voted unanimously to pursue a tax anticipation note (TAN), which borrows against […]
