6/13/16
by News Department on 06/13/16Tax break...
The Shenandoah Valley school board approved a resolution amending the original 2009 bond resolution to allow the use of unused funding for the construction/renovation project to be used to reduce debt.
Business Manager Anthony P. Demalis Jr. explained that the one-time only occurrence will use the $250,000 in a construction fund to utilize toward some bond payments.
Demalis said that the funds were being held as a reserve for another project to replace a boiler.
