Jan 25, 2012 | WABI-TV Bangor
SAU 31 Voters Approve $1.1 Million Loan
According to SAU 31 Superintendent Michael Wright, unofficial numbers from Tuesday's vote show the public voted in favor of a $1.1 million loan for the school district.
Howland-area voters approve $1.1M bailout loan for SAU 31
HOWLAND, Maine - A vast majority of voters approved on Tuesday night SAU 31's application for a $1.1 million loan to save the school unit from a financial crisis caused by mismanagement and a lack of oversight.
Loan could save SAU 31 from liens, property seizures, superintendent says
LAGRANGE, Maine - Creditors owed about $1.03 million in past-due bills could seize property and other SAU 31 assets if voters don't approve a $1.1 million loan the school district is seeking from the Maine Municipal Bond Bank, Superintendent Michael Wright said Wednesday.
SAU 31 prepares to put $1.1M loan request before voters
HOWLAND, Maine - SAU 31 leaders will meet Tuesday to act on whether to allow voters to decide if the district should accept a $1.1 million loan to offset a deficit that threatens school operations, the board's chairwoman said Friday.