Committee hears bond implementation update; district has about $111M left to spend
Facilities staff and presenters told the committee the district's measures C and G bond program (authorized ~$525M) has roughly $111M remaining once encumbrances and issued series are counted; presenters urged prioritization and noted some state reimbursements and grant applications are pending.
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Facilities and bond-implementation presenters reviewed the implementation plan approved in April and outlined where bond and state funds stand. Presenter staff said measures C and G were approved for about $525 million total; expenditures and encumbrances to date leave approximately $111 million available for remaining projects, not counting an expected reimbursement pool of roughly $72 million tied to pending state allocations.
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