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District says CIP can be funded within current bond structure; board hears $6M BDA security ask and proposed $33M fund transfer
Summary
Finance staff told the board the recommended FY2026 CIP changes can be covered under the current bond funding (48.5 mills) without an anticipated millage increase, and presented line items including a $6 million request for BDA radio systems and a proposed $33,000,847 transfer from unassigned general fund balance.
Finance staff presented the funding approach for the 2026 CIP and said the administration recommends financing the package within the district’s current bond structure and without a millage increase, while also asking for a one-time transfer from general-fund balance to cover accelerated work.
Robin (finance staff) told the board the recommendation would fit inside the district’s current debt-millage framework and explained the administration would ask the board to approve bond issuances “up…
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