Lakeside School Board members vote to approve measure to sell bonds
Board now waits for budget approval
Last Updated: 71 days ago
BAKERSFIELD, Calif. - School leaders in the Lakeside Union School District voted on a plan to deal with their debt. The board passed a measure to sell its bonds clearing the way for more projects in the district that will ultimately help improve education.
“It’s been very time consuming. If you talk to anybody, we had several committee meetings that I ran with the local tax payers to get to this point tonight,” said Gary Mullen, district superintendent of Lakeside Union School District.
Board members passed a resolution to sell its bonds and just in the nick of time. Interest rates have gone up in recent months.
“The resolution means that, we won’t have a negative budget. We are pretty elated about that and we can go forward in the business of helping kids,” he said.
Leaders spent more than $500,000 on a new swimming pool facility. It also spent $1.2 million on roof repair. The debt, they say was to prepare for future growth.
“Technology-wise, we are improving tremendously. Our API scores have showed it. I’m proud of everything we’ve done,” said Russell Robertson, school board president.
The plan is to finish building a small satellite school on the site of Lakeside to encompass its K through 5. Eventually, making the schools all junior high.
“They are still projects that have six thousand homes being built in our district, approved through the planning commission so, I mean we weren’t just buying land just to buy it,” he said.
Lakeside’s budget now moves to the Kern County School District for approval. The deadline is Oct. 8th.
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