Serving Lincoln County for more than a century!
Serving Lincoln County for more than a century!
DAVENPORT — The School Board approved a motion for an interfund loan to pay for a new school bus at a regular meeting Monday, April 29.
The loan, which temporarily moves $56,000 from the capital projects fund to the transportation vehicle fund, is necessary for the District to be able to use a new bus that arrived earlier than expected, superintendent Chad Prewitt said.
The District isn’t required to pay back interest on the interfund loan, which Prewitt said will be paid in full when the state disburses bus depreciation funding in August.
The Board also approved a motion to cancel the May 13...
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