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Forest Grove bond program: $144M in resources, $52M uncommitted; $5M reallocated to expand pre-K
Summary
District staff told the bond oversight committee the $144 million bond program is largely on track with about $92.1 million spent or committed and roughly $52 million remaining; the board is moving $5 million from reserves to add pre-K classrooms across elementary schools.
The Forest Grove School District reported steady progress on its $144 million bond program and announced a $5 million budget reallocation to expand pre-K capacity across elementary schools.
Eileen, presenting the quarterly financial report, said the bond program had “$92,100,000 expended and or committed,” leaving “$52,000,000 left” in available resources. She outlined the funding components: the original $121,000,000 bond, a $10,800,000…
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