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Dublin trustees greenlight $11 million Emerald High budget boost

Dublin trustees greenlight $11 million Emerald High budget boost
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State OKs Dublin Schools Plan To Sell Bonds, Raise Debt Limit

Reply Voters approved Measure J last year. Measure J bonds were at the center of the state s decision Wednesday. (Google Maps) DUBLIN, CA The Dublin Unified School District got good news Wednesday in its quest to fund major school construction projects and overcome a projected shortfall of at least $184 million. The state Board of Education gave a green light to the school district s plan to sell $290 million in Measure J general obligation bonds. It approved a waiver of the district s debt limit, which restricts the amount of new debt the district can incur to finance school modernization and construction. The shortfall was first revealed in a January community notice.

DUSD Board To Consider New Superintendent, Millions More In Debt

DUSD Board To Consider New Superintendent, Millions More In Debt Patch 5 days ago © Google Maps The school board meeting will be held 6 p.m. Tuesday. DUBLIN, CA Besides the expected approval of newly appointed Superintendent Chis Funk’s employment contract, money will be foremost on the minds of Dublin school board members Tuesday as they consider borrowing millions more and selecting a forensic auditor to account for money already spent. Anticipating formal approval of a debt waiver by the state Board of Education at its meeting in Sacramento Wednesday morning, Dublin board members will consider a resolution authorizing the immediate sale of $116 million in general obligation bonds authorized when voters approved the $290 million Measure J bond issue last year. None of the bonds could be sold without permission to exceed the district’s legal limit on the amount of bond debt it can legally incur.

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