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Burbank board hears Measure ABC progress: roofing, tech infrastructure and a 2027 timing note for next bond series
Summary
District staff told the board the Measure ABC program has spent on roofing and tech infrastructure from the first $80 million series; presenters recommended prioritizing roofing and program management and warned the board the next bond series will likely be needed by 2027.
District bond staff gave a comprehensive update on Measure ABC at the April 16 Board of Education meeting, outlining how the initial series is being spent, which projects are prioritized and the timing considerations for future financings.
"We got our $480,000,000," said Dr. Hasty during the presentation, then clarified the financing structure: "We don't get $480,000,000. We get a series. We get our first series. That first series is $80,000,000." Key analytics staff reported the measure fund combined balance and encumbrances and said the district has paid $33,759,250 to vendors to date, leaving roughly $41…
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