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Thompson School District outlines $99 million bond budgets and steps for bond issuance
Summary
Staff described proposed distribution of the 2025 bond funds, a district website for transparency, and the planned $99 million municipal bond issuance including ratings strategy, issuance parameters and a Dec. 17 parameters resolution for board authorization.
Todd, district bond program lead, presented the proposed distribution of the bond program budgets authorized by voters and described a plan to load all project budgets into the district’s accounting software and onto a public website so citizens can see scope and dollar amounts for each school. He said projects were grouped into three priority buckets — security, maintenance and growth — and the district included a contingency line to address cost escalation.
District financial and legal advisers briefed the board on the bond issuance…
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