District news
First $75 million of school bonds approved

What happened
The board approved the first $75 million series of bonds under its Vision 2030 plan, which allows up to $395 million over several years. In March it approved lease financing for renovations at Highland Hills and Scribner middle schools, with payments of up to $9 million every six months during construction and up to $18 million a year after. The district's adviser said the plan would not raise the debt tax levy because old debt is being paid off.
Why it matters to families
These bonds pay for renovations and new facilities across the district for the next two decades and are repaid from property taxes.
The evidence
The February 23, 2026 minutes record the 7-0 bond and lease votes; the November 17, 2025 minutes give the $395 million maximum; the March 9 lease hearing notice gives the payment limits.
The source
February 23, 2026 board minutesSee the full record for New Albany-Floyd County Consolidated School Corporation.
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