School Board Public Work Session 6/9/2026

The Neshaminy School Board held a public work session on June 9, 2026, which included discussions on employment matters, labor union issues, real estate transactions, litigation, and school safety. A significant portion of the meeting focused on a presentation by RBC Capital Markets regarding financing options for capital projects totaling $50 million, including a proposed debt restructuring to refinance existing bonds from 2021 and 2023. The financing plan involves issuing bonds in multiple tranches to stay within favorable tax thresholds, with an estimated total bond issuance of approximately $55 million. The board discussed the timeline for bond sales and debt service schedules, with plans to use savings from refinancing to replenish reserves. Additionally, the board approved various personnel appointments and agreements, including contracts for administrative support and transportation services for the 2026-2027 school year. No new business operations reports were presented, and policy discussions included a tabled social media policy. The meeting concluded with announcements of upcoming board meetings and acknowledgments of graduating students and new hires.