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Board reviews facilities condition report and 2026 capital plan tied to bond and 8% funds

2383202 · February 25, 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

District staff reviewed the McMillan & Smith facilities condition report, the district's five-year facilities plan and a proposed 2026 capital program that addresses health, safety, mechanical and interior needs using bond proceeds, 8% capacity funds and a fall callable bond issuance.

School District Five staff reviewed a district facilities condition report and presented a proposed 2026 capital-improvement program that uses bond proceeds, the district's 8% capacity funds and a recent fall bond issuance to address high-priority building needs.

"This facilities condition report was conducted by MPS McMillan and Smith. They published the report in August of 2023," said a district administrator presenting the NPS report to the board, describing an inventory that identified 11,137 items with an estimated cost of about $182 million. The administrator said the district was adding roughly 29 new work orders per day to that list, making the programmatic backlog dynamic.

Officials told trustees the bond passed in November…

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