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Board approves bonds, levy rates and multiple interdistrict agreements

Atlantic Comm School District Board · April 22, 2026
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Summary

At the special meeting the board approved a pre-levy resolution for up to $22.5 million in general obligation bonds, adopted the 2026-27 property tax levy rates (12.76488 per $1,000), and approved several interdistrict agreements and personnel-related contracts; a proposed shared Achieve position was tabled.

The Atlantic Comm School District board voted on multiple action items, approving a $22.5 million pre-levy bond resolution, the 2026-27 property tax levy rates and several interdistrict agreements.

On the bond resolution, legal staff described a pre-levy mechanism that allows preliminary expenses and fund setup ahead of actual bond sale; the board adopted a resolution authorizing issuance of up to $22.5 million in general obligation bonds and may sell in increments (for example, $10 million at a time). The motion carried on a voice vote.

The board also approved the 2026-27 property tax levy rates after two public hearings. The overall levy rate was presented as 12.76488 per $1,000 of taxable valuation, down from earlier estimates after legislative changes. The staff distributed worksheets showing fund-by-fund breakdowns, including a 2.50-cent column tied to the GO bond.

Other approved items included the consent agenda (minutes and routine items), the annual inter-district transportation agreement allowing buses to cross district lines for student pick-ups, continued sharing of a transportation director with Griswold (80/20 split with state operational-sharing offsets and monthly billing to Griswold), an IJA work-readiness memorandum of understanding and the 2026-27 classified union agreement reached in recent negotiations.

Votes were taken by roll call or voice as indicated on the agenda. The board tabled — rather than approving — a proposed shared Achieve/AEA special-education support agreement pending additional information.