District news
District Approves Additional $4.4M Short-Term Borrowing for Middle School Siding Project
What happened
On April 9, 2026, the School Committee unanimously approved the sale of $4,406,105 in General Obligation Bond Anticipation Notes to fund higher-than-expected invoice amounts for the ongoing middle school siding and windows project, beyond the original $5 million borrowing.
Why it matters to families
This represents a material increase in district debt obligations for an active facilities project, reflecting rising costs beyond original projections.
The evidence
MOTION: Jackie Zibrat-Long motioned to approve the various votes prepared by Bond Counsel for the District...which votes approve the sale of four million, four hundred and six thousand, one hundred and five dollars of General Obligation Bond Anticipation Notes to the successful bidder...UNANIMOUS: the motion passes.
The source
MINUTESSee the full record for Monomoy Regional School District.
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