Fusion Charter Board of Directors Meeting AgendaPacket LCAP/Budget 2026-06-19
Fusion Charter Retires Aspiranet Loan And Continues Finance Support
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Description
Fusion Charter has fully repaid its approximately $350,000 loan to Aspiranet and continues to collaborate with Aspiranet’s finance team on budgeting and fund allocation. The repayment removes the liability from Fusion’s balance sheet while maintaining an operational finance relationship.
Contract Details
Contract Amount
Approximately $350,000 (historical loan principal; now fully repaid)
Vendor
ASPIRANET
Agency
Fusion Charter District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 19, 2026
Renewal Info
Loan obligation is closed; ongoing financial collaboration with Aspiranet finance staff continues without specified end date.
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