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FDL School District Looking at Next Steps for Referendum Projects

The Fond du Lac School District is starting to look at
the next steps after a $98.5 million dollar referendum passed in last month’s
election. At the School Board meeting this week, board members held a workshop
to discuss the financial aspects of borrowing money for the referendum
projects. Superintendent Jim Sebert says the district is looking at a three-tiered
approach, which includes “Borrowing some money this summer already, and then
doing a second borrowing as we get closer to the end of the budget cycle for
next school year in October, and then ultimately another borrowing sometime in
the next two years, roughly, to finish out the projects.” Sebert adds that by
borrowing some money this summer, there are some projects they can tackle right
away. “We have a few projects that are referendum-related that have a little
more urgency,” Sebert said. “Some roofs, we have a boiler at Evans (Elementary)
that was part of the referendum, we can do that in the summer.” As for the
remaining projects, Sebert says they anticipate putting schools in groups and
completing projects over the summers of 2020, 2021 and 2022.