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Board reviews budget priorities; Leon Wilcox flags bond payments and possible property tax action

Canyon School District Board of Education · May 21, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Business administrator Leon Wilcox outlined capital projects, bond issuances and pressure points in the insurance fund, and presented options for a property‑tax adjustment tied to lease revenue bonds and operating needs. He said the district budget exceeds $500 million and described spending plans for Jordan High, Eastmont and Corner Canyon projects.

Leon Wilcox presented a multi‑fund update to the board on May 21, covering capital projects, debt service, insurance fund pressures and potential property tax adjustments.

Wilcox said the district is budgeting more than $500 million for 2024–25, and described capital spending on Jordan High (multi‑year project with an estimated $21 million in approved projects), Eastmont, Corner Canyon turf and fieldhouses, and other upgrades. He said about…

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