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Hopkins board approves banking resolutions, electronic transfer authority and moves forward with November bond and levy questions
Summary
The Hopkins School Board approved banking and transfer authorizations for 2025–26, accepted contracted finance-services support, approved August disbursements, and accepted a positive MDE review allowing the district to place a November bond referendum and capital‑projects levy renewal on the ballot.
The Hopkins School Board on Sept. 9 approved several finance and governance items at its organizational meeting, and the regular meeting later that evening advanced a proposed November ballot asking voters to authorize a $140‑million capital bond and to renew the district’s capital projects levy.
NUT GRAF: The board approved resolutions designating the district’s banking depositories and authorizing electronic funds transfers for the 2025–26 school year, accepted professional finance services support from a vendor team (CESO/CISO), approved district disbursements, and authorized the administration to post the Minnesota Department of Education’s positive review of the district’s proposed bond-and-levy package. The board voted to place the bond question and the capital levy renewal on the Nov. 4 ballot.
Depositories and transfers: During the organizational meeting, the board approved US Bank as the district’s checking and custodial depository and authorized contracted business services staff to…
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