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Escambia Schools To Receive $363K From BP
July 21, 2011
The Escambia County School District will receive $363,282 for lost revenues in a settlement with BP.
The settlement is a reimbursement for one-half cent local option sales tax funds the district lost during a four month period as a result of the BP oil spill. The money will be used in a capital reserve fund for school construction projects.
The Escambia School Board voted unanimously to accept the settlement.
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