School District Struggling to Rebuild Reserves Post Tornado

Shields, Yvette
March 2015
Bondbuyer.com;3/6/2015, p40
The article reports on the financial struggles faced by the Joplin School District in Missouri which may be attributed to the May 2011 tornado recovery expenditures of the state. Topics discussed include the way the school district borrowed funds from state and federal aid for building repair, the declining general fund and capital projects fund of the school district since 2011 according to a March 2015 state audit report, and the credit rating it earned from ratings agency Standard & Poor's.


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