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Chandler Unified previews smaller 2025 bond request, affirms fiscal stability in AFR
Summary
District leaders told the board on Oct. 8 they pared a proposed 2025 bond to respond to community feedback and provided the FY24-25 annual financial report showing continued AAA bond ratings, healthy reserves, and $25 million of 2019-bond carryover to finish projects.
District finance staff and trustees reviewed bond, override and fiscal information during study sessions and the regular meeting on Oct. 8, ahead of a voter decision this November.
Miss Barb Barry said state statute requires districts to review maintenance-and-operations (M&O) overrides and bond expenditures with voters; she reminded the public that Chandler Unified has used overrides since 1990 and that most override revenue supports salaries and benefits. The district is in the fourth year of its current override cycle and noted the tax-rate impact has remained roughly steady (reported as about $1.09/$1,000 assessed value in 02/2425 on the transcript).
On bonds, Barry said the district reduced the 2025…
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