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Board approves $6.8M bond package to repair roofs, paving and upgrade lighting

Muncie Community Schools Board of Trustees · August 5, 2026
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Summary

After a brief public hearing with no public speakers, the board approved three resolutions necessary to pursue a roughly $6.8 million general‑obligation bond to fund capital repairs and LED upgrades, with an expected short payback period of about five years.

The school board approved resolutions authorizing a proposed general‑obligation (GO) bond of about $6.8 million to fund roofing, pavement work, LED lighting replacements and other capital repairs across district facilities.

The district's project presenter outlined the scope and financing: the bond package would be used for roofing, paving and energy‑efficiency upgrades, with architects and Baker Tilly estimating a short payback (no more than about five years) and a bond sale within the next six months. "In terms of the cost and the timing, it's about $6,800,000 is the total," the presenter said.

The board opened a public hearing and asked for comments limited to the project and financing; no members of the public spoke. The board then considered three related resolutions (a project resolution, a preliminary bond resolution and a reimbursement/intent resolution — exhibits A, B and C) and passed them in a combined motion by voice vote.

Trustees noted the projects are partly intended to reduce utility costs at large facilities (the presenter confirmed the district hopes to ‘‘put a dent’’ in utility expenditures). The district will proceed with final scope, design and bond sale logistics with its architects and financial consultants.

What happens next: bond sale preparations and detailed scope planning; funds, timing and final contract awards will proceed following consultants' schedules and board oversight.