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Banning Unified board approves bond issuance series and forms citizens bond oversight committee
Summary
The board approved a first‑series bond issuance of $17.5 million and adopted resolutions creating a seven‑member citizens bond oversight committee to monitor bond expenditures; trustees emphasized the district will keep community tax rates unchanged and staff will solicit diverse applicants for the oversight panel.
At its May 22 meeting, the Banning Unified School District Board of Trustees approved a series of bond resolutions and directed district staff to form a citizens bond oversight committee.
District staff recommended moving forward with the first series issuance for the bond at $17,500,000 to secure long‑term savings amid rising construction costs. “There is a huge increase in cost here as it relates to construction and projects…
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