Issaquah School District Board Meeting 03/11/2026

The Issaquah School District Board held a meeting on March 11, 2026, which included significant discussions on procurement and budget matters. Key procurement-related topics included a detailed update on the bond refunding process for bonds issued in 2015, 2016, and 2017, with potential savings of approximately $7 million through refinancing at lower interest rates. The board reviewed the guaranteed maximum price (GMP) contract for a new high school construction project, with a total project budget of about $168 million, including a $108 million GMP from the contractor Skanska. The board approved resolutions related to the intent to construct the new high school and discussed project management services to supplement district staff. Additionally, the board received a budget update highlighting enrollment declines impacting revenues and expenditures, and discussed strategies for financial stability and multi-year forecasting. The meeting also covered equity monitoring reports and community engagement but focused heavily on capital projects and financial planning. Motions were passed to approve the intent to construct resolution and to schedule future meetings related to procurement and engagement activities.