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Board hears $30 million capital draw plan, bus purchases and employee housing commitment

5834744 · August 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Administrators outlined a $30 million Building Tomorrow’s Schools line with initial PECO draws, a final land payment and ongoing bus and employee‑housing projects; no board vote was recorded on those capital disbursements.

District staff told the board that line items tied to the district’s capital work include what was described as a $30 million allocation for a "Building Tomorrow's Schools" initiative and that the district will request PECO draws as construction progresses. "11 20 is a big number. It's $30,000,000 for building tomorrow's schools," Dr. Jake Reynolds said, and he added the district expects an initial draw of about $2,000,000. Reynolds also…

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