# 9/22/26 Board Meeting


**Body:** sbhc_board SBHC
**Date:** September 21, 2026
**Jurisdiction:** SLED

**Tags:** Education, Professional Services, Grants & Funding, Contracting Vehicles


The September 22, 2026, board meeting of the SBHC focused primarily on financial and operational updates, including a detailed discussion on the district's cash flow challenges and the need for a tax anticipation note. The board considered and approved a resolution to issue a $9 million tax anticipation note to cover interim operating expenses and ensure payroll continuity amid declining enrollment and rising insurance costs. Representatives from Ford Associates and bond counsel explained the short-term borrowing mechanism, its security through tax revenues, and the rationale behind the timing and amount of the loan. Board members expressed concern about the district's financial health, the timing of the loan proposal, and the need for improved budget transparency and earlier communication. The meeting also included updates on insurance claims, personnel approvals, school safety inspections, and community support initiatives, but the primary procurement-related action was the approval of the tax anticipation note to address cash flow deficits.

**Source:** sbhc_board SBHC