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Cartwright board holds public hearing on 2024-25 bond and override spending; $5.1M remains
Summary
At a required Oct. 1 public hearing, district staff reported roughly $14.7 million in bond expenditures in FY25, leaving about $5.1 million unspent from a $60 million authorization; override revenue for FY25 was about $13.7 million, funding full-day kindergarten and class-size staffing.
Cartwright Elementary District officials presented the district's annual bond and override report at a public hearing Oct. 1, telling the governing board and public that the district spent about $14.7 million of bond proceeds during fiscal year 2024'1 and that roughly $5.1 million remains of the $60 million bond authorization approved by voters in November 2020.
District finance staff said the voters authorized $60 million in November 2020 and the district sold $15 million in bonds in each of 2021, 2022, 2023 and 2024. The FY25 bond expenditures the board reviewed included $8 million for cafeteria remodels, roughly $4.3 million for the new event center, about $1.27 million for long-jump pits, and roughly $971,006.20 charged in FY25 for privacy screening and fencing (the…
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