Board OKs bonding to pay retiree benefits
By Tom Larson
The Morris Area School District approved putting bonds up for sale to fund post-employment benefit liabilities.
The board voted unanimously at its meeting Monday night to adopt the bonding option, which will separate its benefits liabilities from its General Fund and possibly stabilize one aspect of the district's budget.
Are you a newspaper subscriber but you don't have a Digital Access account yet? You can activate your account here: Activate All Access.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.