Egyptian Electric Helps Murphysboro CUSD Secure Zero interest Loan.

Feb 11, 2020

A no interest loan will let Murphysboro Middle School get rid of asbestos and upgrade electrical systems and lighting. Murphysboro Superintendent Chris Grode says the million dollar loan will help the district use tax dollars efficiently. Egyptian Electric Company, worked with the Murphysboro School District to secure a zero-percent loan from the U.S. Department of Agriculture.  Grode says the District will pay off the loan at 100-thousand dollars a year for ten years.  The recently enacted Jackson County Facilities Sales Tax will fund the payments.

Murphysboro Middle School has more than 400 students and employs more than 50 teachers.