ISSOC Meeting: June 18, 2026

The School District of Lee County held an ISSOC meeting on June 18, 2026, focusing primarily on oversight and financial management of sales tax revenues dedicated to school capital projects. Key procurement-related discussions included updates on multiple school construction and renovation projects funded by the sales tax, such as Bonita Springs Elementary ($36 million) and expansions at Cape Coral. The committee reviewed expenditures on security upgrades, technology refreshes including Chromebooks, and maintenance projects supported by the sales tax. Financial updates detailed the sales tax revenue projections, budget allocations, and disbursements, including approximately 18% of sales tax funds redirected to charter schools under recent settlement agreements totaling over $30 million. The committee emphasized oversight responsibilities for these funds, requiring charter schools to submit quarterly expenditure reports and annual certifications to ensure compliance with referendum spending categories. The meeting also addressed committee member terms and the process for extensions, as well as enrollment trends affecting funding allocations. No new contract awards or RFPs were discussed, but the meeting reinforced the committee's role in monitoring capital improvement spending and financial accountability related to the sales tax program.