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Fairfield board approves 2026–27 budget, greenlights $22.29 million bond and summer capital bids
Summary
The Fairfield Community School District board on April 20 approved the FY2026–27 budget, authorized summer capital improvement bids and passed a $22,290,000 bond resolution under Iowa Code chapter 423F. The board also created an ad hoc committee for middle‑school phase 2 and set a May 18 hearing for a budget amendment.
Fairfield Community School District board members voted April 20 to approve the district’s FY2026–27 budget and to authorize several capital projects and bond documents needed to advance planned facility work.
On a motion moved by Dave and seconded by Terry, the board approved the 2026–27 budget. Trustees said the budget includes an assumed payment tied to a potential future bond; a separate budget amendment to account for early SAVE‑fund payoff and other items was set for a public hearing on May 18, 2026 at 6:30 p.m. in the boardroom.
The board approved multiple capital improvement bids for summer projects — including asphalt work at Pence Playground and the Pence elementary track, a Bus Barn Lot asphalt project, roofing work and doors at two elementary schools, concrete work at the high school and purchase of a van to support special‑education transportation. Trustees asked how finish work such as backfill, seeding and sodding would be handled; staff said district maintenance and the annual landscaping budget will address those ongoing costs.
In a series of roll‑call votes, the board also approved bond‑related resolutions to appoint a paying agent/bond registrar/transfer agent, to place the tax‑exemption and continuing disclosure certificates on file, and to authorize issuance of $22,290,000 in school infrastructure sales, services and use tax revenue bonds, Series 2026, under Chapter 423F of the Iowa Code. During the roll calls trustees answered in the affirmative when polled individually.
The board unanimously directed the superintendent to create an ad hoc committee to focus on phase 2 of the middle‑school project and fundraising through the Education Foundation and other grant opportunities. Trustees also authorized the superintendent and the district’s chief financial officer to adjust employer health‑insurance contribution rates as necessary to maintain actuarial soundness for the remainder of the 2025–26 plan year.
What happens next: the board set a public hearing on May 18 to consider the 2025–26 budget amendment related to SAVE‑fund payoff and increased services tied to enrollment changes; bond closing and construction procurement steps will follow the adopted resolutions and normal statutory notice and disclosure requirements.
Votes and formal actions (as recorded in the meeting): budget approval (motion moved by Dave, seconded by Terry; motion carried); approval of capital improvement bids (motion moved by Mark, seconded by Mark Thornton; motion carried); adoption of bond resolutions and authorization to issue $22,290,000 Series 2026 bonds (roll‑call approvals recorded in the transcript).
