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Centennial SD outlines long-range facilities plan, lists about $52.5 million in preliminary needs and discusses bond refunding

Centennial School District Board of Directors · February 12, 2026

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Summary

DLR Group told the Centennial School District board the long-range facilities process will begin workshops March 5 and that a physical-needs assessment lists roughly $52.5 million in project costs; administration also briefed the board on a possible partial bond refunding to avoid a 2028 levy step-down and preserve a continuation-bond option.

Karen Montevino of DLR Group presented the district’s long-range facilities planning status and next steps, saying staff completed data collection, school visits, staff listening sessions and a short survey. She said the Facilities Advisory Committee will begin workshop one on March 5 with three spring sessions and additional fall workshops to refine priorities and return recommendations to the board in late 2026 or early 2027.

Montevino said the team is prioritizing capital needs into tiers and that the district’s preliminary physical-needs assessment currently lists approximately $52,500,000 in project cost for items such as roofing, HVAC/mechanical systems, and site utilities. "Really, when we talk about the critical capital repairs, a lot of that is roofing systems," she said, and noted high-ticket items include boilers and mechanical systems.

The superintendent and finance staff also briefed the board on a possible partial refunding of outstanding general-obligation bonds. Administration said a refunding would call existing debt earlier, delay a planned levy step-down in 2028 and preserve the option to propose a continuation bond while keeping the levy near the $1.19 per $1,000 of assessed value previously communicated to voters. District finance staff emphasized the presentation was informational only and no action was taken; staff said they would return with a resolution if the board authorizes moving forward after additional analysis.

Board members asked for the facilities assessment and educational-summit packet to be posted online and requested follow-up material on cost spreadsheets and thresholds used to prioritize projects. Staff said they will provide documents to board members and the Facilities Advisory Committee and will return to the board with early workshop findings in the summer.