CFD MVUSD Regular Board Meeting Board of Education 7/28/26

The Moreno Valley Unified School District Board of Education held a regular meeting on July 28, 2026, acting in its capacity as the legislative body for the Community Facilities District (CFD). Key procurement-related discussions focused on resolutions approving bond issuances and tax rate adjustments for CFDs 2023-3 and 2023-2. The board approved a resolution to issue special tax bonds not to exceed $14.5 million for CFD 2023-3, with bond pricing anticipated in early August and closing later that month. Additionally, the board authorized a reduction in special tax rates for CFD 2023-2 to accommodate changes in housing product marketing, ensuring no impact on the district's general fund while providing tax relief to homeowners. Both motions passed unanimously with 5-0 votes. No other procurement or contracting actions were noted during the meeting.