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Board approves selling $95 million in school construction bonds

Financial
Excerpt from Board of Education - Board Book: 081826 BoardBook.pdf for Board approves selling $95 million in school…
Official source excerpt: Board of Education - Board Book: 081826 BoardBook.pdf; editorial caption by Our School Board · source-evidence

What happened

On Aug. 18, 2026 the board approved selling $95 million in bonds: $35 million to the public and $60 million to the State Treasurer. Voters approved up to $300 million in March 2024, and the district had already sold $110 million.

Why it matters to families

Bond money pays for new and remodeled school buildings, teacher housing and student computers. Property owners repay the bonds through taxes.

The evidence

The Aug. 18, 2026 board book has the finance director's memo and the bond resolutions. It lists the March 22, 2024 vote, the $300 million authorized, and the two sales (Series 2026A and 2026B).

The source

Board Book: 081826 BoardBook.pdf

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