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Board approves charter-allocation plan and moves to place $239M bond on November ballot
Summary
The board approved a negotiated plan to allocate 15.45% of a proposed $239 million facilities bond to charter schools (including $10M reserved for Inspire), and unanimously adopted a resolution to place a $239 million general obligation bond on the Nov. 5 ballot; staff described prioritization of safety, TK additions and restroom modernizations.
The Chico Unified School District board approved a charter-allocation plan tied to a proposed $239 million facilities bond and voted unanimously to place the bond measure on the November 5 ballot.
Staff presented a negotiated charter allocation that would earmark 15.45% of bond proceeds for charter schools. Of that allocation, $10,000,000 would be directed first to cover a shortfall for Inspire School of Arts and Sciences's Fremont Street campus project; 35% of the remaining charter…
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