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Board approves zero‑percent lease to deploy Promethean boards districtwide

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Summary

The governing board approved a three‑year, 0% interest master lease to install Promethean interactive boards in classrooms next year; staff said the lease spreads payment and may save money over alternatives.

The Litchfield Elementary School District Governing Board unanimously approved April 8 a three‑year master lease with TEQ Lease Education Finance to purchase and deploy Promethean interactive classroom boards districtwide.

CFO Vaughn said the lease follows a model the district recently used to procure teacher devices: a three‑year term at 0% interest that allows the district…

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