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Board hears first reading on county remnant parcel and discusses debt‑service levy ahead of bond sale

Springfield R‑XII Board of Education · October 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Doctor Shaw presented a first reading on Greene County's proposed deed of a small remnant parcel to Springfield R‑XII for $10 and staff discussed the district's AA rating, debt‑service levy (0.73) and how assessed valuation growth affects debt payments ahead of a $30 million bond sale resolution.

Doctor Shaw informed the board that Greene County seeks to deed a very small county‑owned parcel northeast of Harrison Stadium to Springfield R‑XII for a transactional fee of $10; the item was presented as a first reading and will be brought to the board for vote on Oct. 28, 2025.

Earlier in the meeting staff also introduced a…

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