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Board authorizes up to $9.5 million in short-term borrowing

Financial
Excerpt from Regular Business Meeting - Action To Approve Resolution Authorizing Temporary Borrowing In An Amount Not To Exceed $9,500,000; Issuance of Tax and Revenue Anticipation Promissory Notes; A: Mequon-Thiensville SD - 26-27B PMA Pool - Resolution (1).pdf for Board authorizes up to $9.5 million in short-term…
Official source excerpt: Regular Business Meeting - Action To Approve Resolution Authorizing Temporary Borrowing In An Amount Not To Exceed $9,500,000; Issuance of Tax and Revenue Anticipation Promissory Notes; A: Mequon-Thiensville SD - 26-27B PMA Pool - Resolution (1).pdf; editorial caption by Our School Board · source-evidence

What happened

On September 28 the board approved a resolution allowing the district to borrow up to $9,500,000 in short-term notes to cover costs until property taxes and state aid arrive.

Why it matters to families

This is a routine cash flow tool, but it shows when bills come due before tax money does.

The evidence

The Sept. 28, 2026 meeting packet contains the resolution (tax and revenue anticipation promissory notes). The notes are repaid from that year's taxes and aid.

The source

Resolution authorizing temporary borrowing (Sept. 28, 2026 packet)

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