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Bloomfield Hills board narrows sinking-fund focus, schedules June 12 workshop amid budget uncertainty
Summary
Trustees discussed renewing the district sinking fund to pay for safety and security, transportation, infrastructure and technology; staff advised a June 12 workshop to review data and the board signaled a July decision window as state budget risks persist.
Bloomfield Hills Schools trustees agreed May 19 to move forward with detailed planning on renewing the district’s sinking fund and scheduled a public workshop for Thursday, June 12, to review cost estimates and ballot timing.
Superintendent West told the board the district’s sinking-fund conversation focuses on four allowable uses: safety and security, transportation, infrastructure and both technology equipment and infrastructure. "A sinking fund, again, is a pay-as-you-go strategy," West said as staff outlined a 10-year planning horizon. He cautioned that…
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