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Boyle County schools projected $45 million bonding capacity for FY2026, finance officer says

Boyle County Board of Education · November 20, 2025
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Summary

Finance Officer Dustin Stephenson told the Boyle County Board of Education the district’s tentative bonding capacity is estimated at $45,000,000 for fiscal year 2026 and $32,000,000 for fiscal year 2027; he presented the period‑4 balance sheet as part of the treasurer’s report.

Dustin Stephenson, Finance Officer for Boyle County Schools, told the board on Nov. 20 that the district’s projected bonding capacity is tentatively $45,000,000 for fiscal year 2026 and $32,000,000 for fiscal year 2027, based on the period‑4 balance sheet he provided to board members.

Stephenson presented the balance sheet as a forecast; the figures were described in the meeting packet and discussed as projections rather than finalized bond authorizations. The meeting record does not specify which capital projects — if any — would be funded by new bonding or a proposed timetable for issuing debt.

In the same session the board also heard academic reports: Jenna Blair, Perryville Elementary School principal, presented school initiatives on instructional excellence and PBIS; Assistant Superintendent Steve Karsner provided an overview of KSA assessment data for 2024–25. Those instructional presentations preceded the treasurer’s financial update.