RPC approves $2.5 million Head Start budget amendment to address callable loans
Aug 23, 2024
Aug 23, 2024
The commission approved a $2.5 million 2024 budget amendment to enable paying callable facility loans tied to Head Start leases, avoiding a projected interest rate jump and preserving program rent‑in‑kind benefits; staff recommended using unrestricted Head Start funds to pay specific loans in full.
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The Regional Planning Commission voted to approve a $2.5 million budget amendment on Aug. 23 to facilitate two transactions tied to Head Start facility leases.
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