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District planned up to $1 million in state-aid borrowing

Corunna Public Schools · Jun 15, 2026

Financial

What happened

The June 15 agenda proposed borrowing up to $1 million against 2026-27 state aid.

Why it matters to families

Borrowing can cover cash needs, but families should watch the final amount and repayment cost.

The evidence

The agenda listed a possible motion for state-aid borrowing not to exceed $1 million.

The source

June 15, 2026 regular board agenda

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