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Stillwater Board approves bond sale, accepts treasurer's report and clears consent agenda

2998637 · April 8, 2025
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Summary

At its April meeting, the Stillwater Public Schools Board of Education approved a resolution to offer Combined Purpose General Obligation Bond Series 2025A for sale, accepted the treasurer's report showing improved ad valorem receipts, approved the consent agenda and advanced a professional-development reimbursement policy change.

The Stillwater Public Schools Board of Education voted to approve the sale of Combined Purpose General Obligation Bond Series 2025A, accepted the district treasurer's monthly report and approved routine business items in a single consent vote.

Board members voted unanimously to authorize marketing of the 2025A bond series and to accept the treasurer’s March report. The board also approved the consent agenda items 4a through 4t by a single roll call vote and adopted a first-reading action on policy DMB-R4 (professional development certification reimbursement) to enable payment under the clarified language.

Why it matters: The bond sale and the improved revenue picture affect the district’s near-term capital work and cash flow. The treasurer reported an unexpected apportionment check that will add to ad valorem revenue,…

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