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Baldwin-Whitehall board advances $9.995 million borrowing to fund McAnulty elementary renovation
Summary
The Baldwin-Whitehall School District moved to authorize finance steps toward a $9.995 million bond (parameters resolution) to fund McAnulty elementary renovations, with administration saying local dollars are identified and construction is planned for summer 2026–2027; the board approved related non-personnel consent items 8–0 (one absent).
The Baldwin-Whitehall School District on Tuesday moved forward with financing steps for a planned elementary renovation, authorizing the administration’s finance team to prepare a parameters resolution for up to $9,995,000 in borrowing to fund the McAnulty project.
Jamie Doyle, the district’s independent financial adviser, told the board the district is focusing on “step 8” of a long-term financing plan and prefers borrowings under $10 million to secure bank-qualified tax-exempt rates and a five‑year call feature. “This 10,000,000 would be toward, your upcoming elementary project,” Doyle said, and outlined a timeline that could bring a parameters resolution to the Nov. 5 meeting with a possible sale soon after and…
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