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Board hears levy and bond timetable, forms capital-planning committee; asks for developer mitigation coordination

2297923 · February 12, 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

CFO and trustees discussed supplemental-levy timing, bond planning and outreach to developers for mitigation fees; board members agreed to serve as liaisons on development and mitigation matters and to form a capital planning committee.

CFO Brad Steblen briefed the board on the timing and sequencing the district should follow to avoid gaps in locally generated levy revenues and to plan for a future capital (bond) campaign. Trustees also discussed development mitigation requests and appointed board liaisons to coordinate with local governments and planning processes.

Levy timing and risk: Brad explained the last emergency levy certified by the county provides funds through calendar year 2025, and the supplemental levy approved in November (certified in the scheduling cycle) covers calendar years 2026 and 2027. He told the board the…

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