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Anahuac Districts settle overinvestment losses
The four Goose Creek ISDs agreed to a settlement related to improper investments in the Permanent School Fund. Anahuac Superintendent Linda Kay Barnhart declined to reveal terms. The fund, supported by indea royalties, distributes income to districts within the county. Gene Baker said 73 percent of investments were lost over 20 years.
MENTIONED IN THIS ARTICLE
Security State Bank
Anahuac Board
Gene Baker
Baker
Steve Schuler
Kathy Clausen
Goose Creek