Travis school board OKs advance of $5.7M to cover bridge loan option – Daily Republic

By Susan Hiland

Travis School District trustees approved a request Tuesday at the Solano County Board of Supervisors meeting to authorize the county treasurer to transfer approximately $5.7 million in one or more loans to the school district.

Gabe Moulaison, chief business officer, gave made the presentation to the board.

“Every year we have to pass this resolution,” he said. “We have plenty of reserves but we are asking for this in case later in the year that is not the case.”

Source: Travis school board OKs advance of $5.7M to cover bridge loan option

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