PROJECTBUDGET PLANNING

Aspire Los Angeles line of credit

Aspire Stockton 6-12 Secondary Academy District
Detected
Sep 17, 2026
47 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 47 days agoSep 17

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From the meeting

At its September 17, 2026 meeting, the board approved guaranteeing a line of credit for Aspire Los Angeles and the associated start-up budget. The maximum guaranteed amount was $8 million, to be repaid no later than July 1, 2027. CFO Michael Wimbish said this was a separate source of funds for Los Angeles start-up costs only.

This creates a defined funding pool for near-term launch work and related services.

Meeting date
September 17, 2026
Agency
Aspire Stockton 6-12 Secondary Academy District

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