Uintah School District Business Administrator Derek Anderson provided an overview of school district debt during a February work session. Anderson reported that in the year 2026, the only debt the district will have will be the Series 2014 Bond that presently has a balance of $15 million dollars. Another 2014 General Obligation Bond was stated to have the biggest debt at a balance of $17 million dollars. The debts were noted to be towards Ashley and the renovation of the Middle School and will be paid off in 2025. A Qualified School Conservation Bond has a balance of $11 million dollars and 2009 bonds have a balance of $6 million dollars with a 2016 refunding of $2.4 million dollars. Budget meetings will begin on April 10th and discussions will continue to include whether the district pay the debt service out of capital or whether to levy the taxes. A capital analysis is also being performed on the schools and during the February meeting it was noted that the walkthroughs of the schools were 75 percent complete.
