Isaac Elementary can now pay employees through the end of the school year, receiver says
Isaac Elementary School District employees received their overdue paychecks after a financial crisis put the district at risk of closure. The neighboring Tolleson Union High School District agreed to loan Isaac Elementary $25 million to cover payroll and operating expenses through the end of the school year.
Tolleson Union will transfer $25 million to ailing Isaac Elementary
The agreement between the two districts would mean Isaac Elementary staff would be paid Friday, said Tolleson Union Superintendent Jeremy Calles.
Tolleson school district will pay $25 million to dig Isaac School District out of budget crisis
The Tolleson Union High School District has agreed to buy Isaac Middle School in Phoenix for $25 million. The purchase will allow the Isaac School District to continue operating amid a budget crisis.
Isaac Elementary may get help paying its debt from a neighboring school district
The Tolleson Union High School District board was set to vote on a resolution that would authorize lease-purchase financing of Isaac property.
Isaac School District agrees to sell a school to pay off its debt
Isaac School District will stay open after selling one of its schools to Tolleson Union High School District for $25 million. The Isaac School District Governing Board voted 5-0 for the sale. Tolleson school district officials also voted to approve the measure.
Isaac School District's financial trouble could be saved by neighboring Tolleson district
The Isaac School District’s financial troubles may be resolved through a deal with a neighboring school district.
Isaac School District to receive $25M loan from Tolleson Union High School District
The Tolleson Union High School District is helping out the Isaac School District in a major way. It's loaning the distressed school district $25 million as Maricopa County says it's more than $28 million in debt.
'The feeling is extremely tense': Isaac School District teachers still haven't been paid
Isaac School District (ISD) is still facing $28 million crisis that lead to hundreds of its teachers not getting paid. "These folks are living off $50 gift cards right now," said Marisol Garcia, "It is pretty humiliating."
West Valley school district to help Isaac Schools with financial crisis
Two Valley school governing boards held meetings on Wednesday to discuss a resolution amid Isaac School District's financial crisis.
Hoodline1d
Financial Lifeline for Isaac School District as Tolleson Union High Agrees to $25M Loan Amid Debt Crisis
Tolleson Union High School District loans Isaac School District $25 million to help with its $28 million debt.
Tolleson Union board, superintendent settle after sexual harassment claims involving board member
In a governing board meeting at the Tolleson Union High School District Tuesday night, board members announced a settlement ...