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Bellevue School Board approves interfund loan to cover short-term cash flow
Summary
The Bellevue School District Board approved Resolution 2025-03 authorizing an interfund loan from capital funds to support cash flow through Aug. 31 while staff pursues longer-term budget fixes.
The Bellevue School District Board of Directors on the night of the meeting approved Resolution 2025-03 authorizing an interfund loan from the district—s Capital Projects Fund to the General Fund to shore up cash flow through Aug. 31, 2025.
Board members approved the measure by voice vote after a presentation from district finance staff laying out alternatives and a repayment plan. The resolution authorizes borrowing up to $13 million; staff said they currently expect to draw about $10 million in three transfers: $2.5 million in June, $5 million in July and $2.5…
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