UISD pursues $30M loan as enrollment drop tightens district budget
United Independent School District in Laredo is pursuing a $30 million loan to manage cash flow challenges caused by declining enrollment and rising operational costs.
By By Marissa Rodrguez Limn and Kobe Arriaga·2 hr ago
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LAREDO, Tex.
(KGNS) - United Independent School District is moving forward with plans to apply for a $30 million loan as it works through a budget deficit driven by declining student enrollment and rising costs, district leaders said.
Officials said the loan is intended to manage day-to-day cash flow rather than address a structural failure in the district's finances.
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