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School board approves $2.5 million GO bond after public hearing on 2026 budget
Summary
After a public hearing on the 2026 budget, the Bartholomew Con School Corp board approved resolutions to issue a $2.5 million general‑obligation (GO) bond, 5–2, to fund technology, bus replacement and select operations costs; board members expressed concerns about timing, interest costs and long-term fiscal strategy.
The Bartholomew Con School Corp board approved resolutions to issue a $2.5 million general‑obligation (GO) bond on a 5–2 voice vote after a public hearing on the proposed 2026 budget.
School business official Mr. Breneger opened the public hearing and described the district’s revenue and expenditure outlook, saying the district expects education‑fund revenues to fall by just over $1,000,000 because of reduced average daily membership and that the overall levy for 2026 reflects a 2.2% increase. He told the board the GO bond proceeds would pay roughly $1,780,000 for education IT supplies, about $700,000 toward bus replacement and $70,000 for higher‑cost vehicles in the operations fund.
“What we’ll do is…
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