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School board approves draft warrant articles, hears solar-bond and trust-fund update
Summary
Brentwood School District trustees voted to approve draft warrant articles that keep last year’s trust-fund funding levels while staff reported a pending solar bond sale and ongoing IRS preapproval steps for a solar project interconnection.
Brentwood School District trustees on Tuesday approved draft warrant articles that preserve prior target amounts for the district’s trust funds and reviewed updates on a district solar project and current-year finances.
The warrant-article motion approved by the board covers the district’s previously discussed trust funds — special education capital reserve, technology, safety and security, and maintenance — with the same dollar amounts the board adopted last year, board members said.
The board’s finance presenter said the district’s current-year financial report shows receipts and expenses largely in line with expectations and that investment earnings were higher than budgeted, which improved projected revenue. The presenter…
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