School board pays down insurance debt
June 12, 2002
The Havre school board Tuesday agreed to use more than $58,000 of surplus money to pay off part of a debt accrued by its health insurance provider.
Havre Public Schools, according to district director of operations Ric Floren, is responsible to pay $184,000 of the debt of the Helena-based Montana Unified School Trust.
"The only way the debt can be reduced is if the users pay the debt down," Floren said.
MUST's debt, which Floren said is about $6 million, occurred because it owes that much more than it collected in premiums.
"They actually went into the hole because they didn't collect enoug...