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Board approves using 2025 bond funds for phone system purchase above $75,000
Summary
Trustees received a bond update and approved using 2025 bond issuance for capital expenditures exceeding $75,000 to purchase a new phone system. The motion passed unanimously May 18.
Chief Operations Officer Kyle Pursifull and CFO Thomas Willman provided a bond update during the May 18 meeting. Trustees then considered and approved using 2025 bond proceeds for a phone system purchase exceeding $75,000.
The motion to approve use of 2025 Bond Issuance funds for capital expenditures in an amount to exceed $75,000 for a phone system purchase was recorded as made by Jason Jaynes and seconded by Barrett Owens; the motion passed Yea: 6, Nay: 0. The board noted the purchase would be treated as a capital expenditure under the district's bond program.
