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Franklin board adopts 2025 budget, approves lease and bond resolutions for maintenance projects

Franklin Community School Corp. Board of School Trustees · October 22, 2024
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

The Franklin Community School Corp. board adopted the 2025 budget, held a required lease hearing and unanimously approved a set of resolutions assigning construction bids to a building corporation and authorizing bond-related disclosures to proceed with a maintenance bond sale.

The Franklin Community School Corp. Board of School Trustees voted to adopt its 2025 budget and approved a package of bond-related resolutions Tuesday night, clearing the way for an imminent bond sale intended to fund planned maintenance and renovation work.

“This meeting will serve as the formal adoption of the 2025 budget,” the district presenter said as the board took up the item and requested a $1.95 tax rate while noting the district expects to land nearer $1.37 after caps. A motion to adopt the budget was…

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