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Clarification on $50 Million in Capital Requests by School Administrators

A concerned citizen wrote to us and asked whether our previous article on $50 million in capital requests for Park City Schools included the rebuild of Treasure Mountain Junior High. It does not. It also does not include a total of $7 million in additional capital outlays that are each less than $1 million dollars.

The Park City School Board still has to approve these $57 million of capital requests. So, it’s not a done deal. We’d venture to say the rebuild of Treasure Mountain Junior High is a done deal (although technically a school board vote is still needed).

If the new school and the most of the new requests are approved, we are talking about a lot of money they’ll need to raise via a school bond. As the citizen pointed out, “this could end up being a whopper of a bond issue.”

Yep.

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