Schools

Kirkwood School District Seeks Millions in Funding For Renovation Projects

The Webster School District may borrow more than $4 million from expected bond revenue to complete three renovation projects.

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According to a recent report in the Webster-Kirkwood Times, theΒ Kirkwood School Board is discussing whether the district shouldΒ borrow funds from bonds expected to generate $5.2 million over the next 12 years.

(Read the completeΒ Webster-Kirkwood Times article here.)

The borrowed money would reportedlyΒ go toward completing three renovation projects worth $4.4 million within the next year, includingΒ the bleachers, restroom and press box at the football stadium, along with theΒ journalism classroom and band rehearsal room at the high school.

The Webster-Kirkwood Times article explains that the district has been struggling with how to fund the projects andΒ school board members discussed the proposalΒ at a recent meeting.Β 

At least one board member does not support the idea, but enough backed the plan enough toΒ explored the ideaΒ further.Β 

A resolutionΒ to borrow the money to fund the construction projectsΒ is expected to come before the board inΒ August.

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