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Facility committee outlines $175 million financial plan; approves priority summer projects including clock, bell and PA replacements
Summary
The Waunakee Community School District facility committee reviewed a long-term debt plan tied to a $175 million program, heard staff projections on debt service levy impacts, and approved priority purchases for summer 2025 including clock/bell/PA system replacements and cafeteria tables.
The Waunakee Community School District facility committee reviewed March 6 a financial plan tied to the district's $175 million construction program and voted to approve a set of priority purchases the district said must move forward to meet summer 2025 timelines.
District staff presented a multi-borrowing plan that includes a $52 million bond anticipation note the board will be asked to approve on Monday night and an earlier borrowing that staff identified at approximately $96 million. Staff said the long-term structure aims for an illustrative 2.1% annual percentage change in the debt-service levy over time, a figure staff said is below the district’s historical net new construction growth of roughly 3% and is achievable only by using project savings and interest earnings identified in…
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