To ensure employee salaries are paid through the upcoming holiday season, the Socorro Independent School District (SISD) is securing a $25.1 million loan, as confirmed by Michael Hinojosa, a Texas Education Agency conservator overseeing the district. The necessity for this loan arose due to a change in the pay schedule, transitioning from monthly to bi-weekly payments for employees, a modification demanding immediate cash availability, as reported by KFOX-TV.