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PSD outlines multiyear plan, financing options for air conditioning; Weber and Lesher middle schools prioritized
Summary
Poudre School District staff presented a multiyear strategy to install mechanical cooling at 30 schools lacking air conditioning, prioritizing middle schools (Weber and Lesher) for initial work and describing financing levers including reprioritized capital, bond reserves, inflation deferrals and certificates of participation.
The Poudre School District presented an update Tuesday on plans to install mechanical cooling in the 30 district schools that currently lack it, prioritizing Weber and Lesher middle schools for work beginning next summer and outlining funding options to accelerate installations across the district.
CFO Dave Montoya told the board the debt-free mill levy approved by voters in November 2024 is the core financing vehicle enabling deferred-maintenance work, and outlined how the levy reallocated existing general-fund items and created roughly $22.9 million a year dedicated to deferred maintenance. Montoya said that, after moving existing operations staffing and some operating budgets into the debt-free mill levy, the district freed about $21.5 million in general-fund budget that has been dedicated to several priorities including small schools, salary adjustments and equipment replacement.
Nut graf: The district plans a phased, multiyear approach. Staff proposed a mix of…
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