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Board hears campus master plan and financing options; PFM estimates $18 million borrowing capacity
Summary
PFM Financial Advisors presented a campus master plan and estimated East Bradford Township could borrow roughly $18,000,000 in general obligation debt—likely enough for redeveloping the current municipal campus but insufficient if the Township simultaneously adds new services without other financing sources.
Representatives from PFM Financial Advisors, Garrett Moore and Jamie Schlesinger, presented the Township’s campus master plan and financing options at the July 2, 2026 Board of Supervisors meeting. PFM estimated the Township could currently borrow approximately $18,000,000 through general obligation debt, which “appears to be sufficient to redevelop the existing campus according to current cost estimates.”
The plan, led on design by Kimmel Bogrette, envisions a campus that is accessible, welcoming, sustainable and functional while meeting future operational needs. PFM and staff noted that expanding public-service functions—such as adding trash/recycling services or EMS support—would likely push total costs beyond what general obligation debt could finance and would require pursuing additional funding mechanisms.
Township planning staff and the Board discussed the need to reconcile the design goals with long-term funding options. The Board asked for further financial analysis and scheduled follow-up reviews during upcoming budget work sessions to evaluate trade-offs between campus scope and borrowing capacity. No formal financing decision was made; staff will return with more detailed cost and funding scenarios at a future meeting.
