The Woodford County Board of Education (BOE) approved a $5 million line of credit agreement with Stockyards Bank & Trust during its meeting on Monday.
The line of credit is available for any cash-flow emergencies during the months before receiving property tax revenue in November, Finance Director Jason Gribbins told the BOE before its 4-0 vote to approve the line of credit agreement. Board member Sherri Springate was absent. […]