# Finance Committee Meeting - October 2026

The October 15, 2026 Finance Committee meeting reviewed financial reports, revenue and tax collections, assessments, self-funded insurance, food-service results, and the ongoing audit. The committee discussed planning and financing for a capital project: GKO is preparing design and construction bid documents, with bids expected around February or later in the spring and construction potentially beginning in the coming calendar year. A roughly $40 million financing is being coordinated with the project so the district does not incur debt before work is ready to proceed; a Moody’s rating call was scheduled for the related offering. The committee also reported an estimated $1.4 million geothermal-system tax rebate, which would bring the project’s net cost to approximately $17.9 million. No construction bid award or financing approval was recorded at this meeting.

The committee discussed renewing Limerick Township’s use-of-facilities agreement for summer camp, with charges based on the facilities’ assessed value and a proposed 5% annual escalator; staff intended to bring the agreement to the voting meeting later in October. Members also declined to advance a taxpayer’s request for a $179 property-tax discount after payment arrived after the deadline. The minutes were moved and seconded for approval, but the transcript does not capture the vote outcome.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure, Education
**Topics:** Physical Infrastructure
**Published:** October 15, 2026

### Sources
- [Finance Committee Meeting - October 2026](https://www.youtube.com/watch?v=rKxE9JbvKWU) - Ram Country TV