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Delaware Valley board signals support for $10 million financing to fund district office, athletics and facility upgrades
Summary
Board members at the Jan. 8 work session signaled preliminary support for pursuing up to $10 million in borrowing to fund a district office renovation, PE/locker-room expansion and athletic field upgrades while asking staff for firmer cost and timing estimates.
The Delaware Valley School District board coalesced around a plan to pursue financing to cover several high‑priority capital projects, including a district office renovation, added locker‑room space and athletic field upgrades, at a Jan. 8 work session.
Staff presented an updated capital expenditures (CapEx) list and three borrowing scenarios prepared for a July 2027 financing window. The scenarios — roughly $5 million, $7.5 million and $10 million — trade higher near‑term debt service for either a…
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