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Freeman board agrees not to renew $420,008 CD, will apply funds toward stadium project in preliminary FY2027 plan
Summary
The Freeman School Board voted to nonrenew a $420,008.32 certificate of deposit and apply the proceeds toward the district stadium project as part of preliminary FY2027 budget planning; trustees also reviewed proposed purchases and staffing additions for next year.
The Freeman School Board voted to nonrenew a maturing district certificate of deposit worth $420,008.32 and apply the funds to the stadium capital project, the board decided during its regular meeting. The motion to nonrenew the CD was made by Board member Cody and seconded by Board member David and passed by voice vote.
The decision was discussed as part of a broader preliminary fiscal year 2027 budget review presented by the district business manager. The manager said the document reflects…
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