Finance/Building and Grounds Committee Meeting 3-23-2026

The Finance/Building and Grounds Committee meeting of Ojrsd Technology on March 23, 2026, focused primarily on discussing the district's financing plan for approximately $195 million in capital projects. Presenters from Public Finance Management and RBC Capital Markets provided detailed updates on project costs, borrowing strategies, debt service schedules, and budget impacts. The committee reviewed the timing and amounts of bond issuances, estimated interest payments totaling around $300 million over the life of the bonds, and the projected increase in debt service from $10 million to about $17 million annually over the next decade. Discussions included the feasibility of scaling back certain project components, the importance of aligning projects with student outcomes, and the district's conservative budgeting approach to manage tax increases within the state Act 1 index. No motions or votes were taken; the presentation served to inform future decisions on bond resolutions and project bids.