4/20/26 School Board Meeting

The Penn Manor School District held a School Board meeting on April 20, 2026, focusing primarily on financial and budgetary matters. A key agenda item was the discussion and approval of a parameters resolution to refund general obligation bonds from 2018 and 2019, and to authorize up to $15 million in new debt for middle school and other district projects. The board reviewed the terms of the bond refunding, including a maximum interest rate of 5.5% to allow pricing flexibility, with final approval resting on the district's financial officer. The resolution aims to achieve debt service savings and streamline future bond issuance processes. Additionally, the board received a budget update for the 2026-27 fiscal year, highlighting a proposed $123 million budget with a 3-3.5% property tax increase to cover salary, benefits, student services, and capital projects. The board also discussed a new policy for vetting and managing instructional presenters at school-sponsored events, which will be voted on at the next meeting. Several motions related to budget approvals and bill payments were passed during the meeting.