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Board debates earmarking parts of tax increase for ACTI debt service; seeks ACTI presentation first
Summary
Board members debated setting aside part of the approved 3.6% tax increase (the 1.8% step equals about $252,137) for ACTI debt service, with some urging immediate earmarking and others preferring to wait for an ACTI presentation (scheduled for September/October) before finalizing transfers. No vote was taken.
Board members debated whether to earmark roughly $252,137 (the amount associated with an 1.8 percentage-point step of the district's recent tax increase) toward ACTI debt service. Several members said they supported setting money aside now; others argued the board should wait until ACTI provides specific cost projections.
One board member urged allocating 2 percentage points of the 3.6% tax…
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