Local schools get KSBIT settlement
Robert Moore
Herald Staff
rmoore@harrodsburgherald.com
Local schools will soon receive some of the money paid into the defunct Kentucky School Board Insurance Trust (KSBIT).
The Franklin Circuit Court has approved a judgment to return funds to nearly 200 Kentucky schools, colleges and education groups and to the Kentucky League of Cities Insurance Services Association (KLC).
Under the terms of the settlement, $1 million will be returned immediately to schools and another $1 million will be returned immediately to the KLC.
To learn more, check out this week’s edition of The Harrodsburg Herald.
