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Projects should outlast payments
Last Updated: December 14, 2017

Projects paid for with long-term debt should last at least as long as the loan.

With $2.3 million in savings and another $2.3 million in previously earmarked project funds, the Valley Center school district is poised to move forward with another $4 million worth of work on its buildings as part of the $18 million 2016 bond issue.

Some of the work — such as plumbing and electrical infrastructure — has been long overdue. Other projects will enhance safety, help with grade reconfiguration next year or improve building function and aesthetics.

Removed from the long list presented to the school board this week, however, was equipment that likely would not last the life of the bond repayment schedule, and we were glad to see that move.

Board member Brad Barbour suggested the removal of security cameras from the bond project list and paying for their installation, slated for various buildings in the district, through the capital outlay fund.

— The Ark Valley News




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