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Middleton awarded $11.1M in state Cooperative Fund; board plans bond and contingency cuts after levy defeat
Summary
Middleton School District staff told the board the district received an $11.1 million Cooperative Fund award toward a planned elementary school, to be combined with $8 million in district modernization funds; because the supplemental levy failed, staff said state rules will require rerunning a bond and outlined possible program and staffing cuts if new revenue is not approved.
Middleton School District staff reported the district was awarded $11,100,000 from the state Cooperative Fund to help build a planned elementary school, and that the board has already set aside $8,000,000 from school-modernization funds to combine with the award.
District staff said the Cooperative Fund was re-funded and its application rules changed in the last legislative session; the award was made in the second round of grants. The district’s presentation noted that current Idaho law requires a district that receives a Cooperative Fund award smaller than its last failed bond amount to run another bond referendum to accept the funds. “We were awarded $11,100,000 to help with the construction of the elementary school,” staff said,…
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