Local schools get KSBIT settlement

Robert Moore
Herald Staff
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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.ksbit-logo

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