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Klamath County SD board reviews bond scenarios and state matching with consultant David Williams
Summary
At a special work session, board members heard consultant David Williams outline bond-sizing scenarios (roughly $20M, $30M, $55M and $100M), how the state 1:1 match (up to $10.2M) works, timing constraints and the next steps to refine project scope; no vote was taken.
At a special Klamath County School District work session, a consultant, David Williams, walked the board through how school bonds are structured, the state matching program and four financing scenarios that would shape levy impacts and project scope. Board members said they want another work session to narrow project priorities before moving to a ballot decision.
"Nobody has passed them on and not been awarded the match if they were eligible," David Williams said when describing how the state match process has worked in recent cycles. Williams presented a short-duration scenario that would pair roughly $10.2 million in state matching funds with district proceeds to produce about $20 million for projects, a mid-sized $30 million scenario (roughly $40 million with the match), and larger 30-year options that could produce $55…
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