Board doubles possible middle-school payments to $500,000 a year

What happened

Eight days after approving up to $250,000 a year toward a new middle school on Riddle Road, the board raised the limit to $500,000 a year for as long as five years. The city would issue bonds, and the district says it will keep at least $3 million in unrestricted reserves.

Why it matters to families

The revised commitment could total as much as $2.5 million and ties future district budgets to a major building project.

The evidence

The July 23 and July 31 signed minutes record both unanimous votes, the doubled annual cap, five-year limit, city bonds, and $3 million reserve condition.

The source