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Colchester outlines $115M school bond, warns of higher per‑pupil spending and penalty risk
Summary
Colchester officials testified about a voter‑approved $115 million, 30‑year bond to renovate three aging schools, showing a projected per‑pupil spending increase and a peak annual bond debt service near $9.3 million that could push the district toward excess‑spending penalties if debt is not excluded.
Colchester School District representatives told the Ways & Means Committee that work already under way stems from years of deferred maintenance and voter‑backed choices.
Amy, Colchester’s superintendent, said the district pursued a facilities bond after years of planning and community engagement; the measure approved by voters authorized $115,000,000 in projects to renovate Porter's Point, Union Memorial and Colchester Middle School, with an expected construction completion window through 2030. "Our middle school really is needing some significant renovations," she…
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