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School capital council says financial plan shows $31.1 million net increase, updates bond capacity
Summary
PSFA finance staff told the council the financial plan shows a $31.1 million net increase and adjustments to FY27–FY28 bonding capacity; staff corrected several prior award amounts and outlined out‑of‑cycle construction requests and timing for a June bond sale.
Finance staff presented a revised financial plan and told the Public School Capital Outlay Council that the award‑year net change was a $31,100,000 increase and that some projects had shifted out of fiscal year 2026 into FY27.
"The total net change increase is 31,100,000," Finance staff said. They also explained that a negative $325,000,000 figure on the report reflects projects moved out of FY26 that are expected to return in FY27.
Staff said updated bonding projections…
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