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Galt high school district board will vote on borrowing money

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Posted: Tuesday, January 8, 2013 12:00 am

Trustees for the Galt Joint Union High School District will be asked at tonight’s regular meeting to approve borrowing money for the current school year in a low-interest state loan program accessed by school districts. Due to cash deferrals, the district is expected to overspend in the spring.

It is seeking an amount not to exceed $5 million for the 2012-13 school year. Last year, the district took out just under $3 million.

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