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Posted: Thursday, 23 August 2012 5:50PM

BH Schools Asks State For Emergency Loan



Benton Harbor Schools is in trouble heading into the new academic year, as district officials say that the money's run out, and payroll may be impossible to make at the end of the month. So, representatives of the administration and school board headed to Lansing this week to ask the Michigan Departmentsof Treasury and Education for an emergency loan of about six million dollars. There is a law that allows for such loans, but there's no guarantee that the state will approve it. And, without the money, Benton Harbor Schools may not be able to open in September. The district needs about two and a half million for operations, and also owes its vendors about four million dollars. Officials should know within about a week if the loan has been approved, according to The Herald Palladium.



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