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School board approves $40 million limited-tax bond sale; details and spending process to follow
Summary
The East Baton Rouge Parish School Board approved a resolution to authorize the sale of $40,000,000 in limited-tax bonds (Series 2025). Superintendent staff said funds would be placed in a capital projects fund and brought to the board for project-level approvals after school-by-school needs are vetted.
The East Baton Rouge Parish School Board voted to approve a bond purchase agreement authorizing the issuance and delivery of $40,000,000 in limited-tax bonds, series 2025.
The board’s public comment record included one online comment urging caution; James Finney wrote that approving the resolution without a project list seemed premature. Board members discussed the process staff will use to identify and vet projects before dollars…
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