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Pottsgrove board authorizes bond planning for stadium, ratifies $3.25 million in invoices and approves multiple contracts

November 05, 2025 | Pottsgrove SD, School Districts, Pennsylvania


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Pottsgrove board authorizes bond planning for stadium, ratifies $3.25 million in invoices and approves multiple contracts
The Pottsgrove School District board voted to authorize administration to work with PFM Financial Advisors and the law firm Fox Rothschild to begin planning a bond issue to pay for an athletics and facilities (stadium) project.

Board members discussed allowing proceeds to be applied broadly if needed and the timing advantage of borrowing now while interest rates remain relatively attractive. "Because the interest rates that we can earn right now ... the rate is very attractive at this moment to borrow the money now," a board member said, adding the district could earn positive arbitrage to offset some project costs.

Separately, the board ratified payment of October 2025 invoices totaling $3,253,140.89. The ratification was moved, seconded and approved on a voice vote.

The board also combined and approved several contracts and agreements. Those included:
- An agreement with CCRES (Chester County Regional Educational Services) to provide special-education staffing support.
- A contract with Judge Group Healthcare to supply special-education professionals.
- A contract with CMTA Engineering to replace rooftop air-conditioning units above the Lower Pottsgrove Elementary gymnasium.
- A memorandum of understanding documenting certified school-nurse (CSN) coverage for students at the Western Montgomery Center; Superintendent Dr. David Finney clarified the MOU "is just to document that the sending districts are meeting the requirements of having the CSN for all of our students."

Board members said the recruiting agreements are intended to augment in-house hiring; Finney emphasized that contractor fees differ from employees' wages and that the agreements do not change district pay rates.

The board approved budget transfers for October 2025 and the combined contract package by voice vote. Next steps include administration working with financial and legal advisors to scope the bond offering and return to the board with specifics.

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