By Ellen Blaufarb
Where did all those school bonds go? I have been chair of the Benicia Unified School District Bond Oversight Committee since its first meeting on Dec. 9, 2014. In that time the school district has spent $6,229,499.42 and has a balance of $13,905,853.48 of the original $20,000,000 issued. The school district is ready to release the Series B and C bonds for an additional total of 29,600,000. Interest has been accrued in the amount of $135,352.90 while the bonds were held in abeyance.
For those of you who are interested in where the $6 million has gone, the school district has Board Workshop Documents available that speak to the Facilities Master Plan. Each site has priorities listed in this plan under the categories of Critical Portable Replacement Projects, Learning Spaces Modernization Projects and High Impact Education Environment Projects.