Millington Municipal School District Resolution Budget Amendment Seven 2026
District Capital Budget Boosted by USDA-Backed Loan
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Description
Millington Municipal School District approved an $8.8 million increase to its Capital Projects Fund from the City of Millington through a USDA loan for FY 2025-2026. The funds will support capital outlay projects, raising the capital budget to $21.6 million.
Contract Details
Contract Amount
$8,800,000
Vendor
CITY OF MILLINGTON (USDA LOAN)
Agency
Millington Municipal School District, TN
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Fiscal Year 2025-2026
Renewal Date
2026-06-30
Renewal Info
Loan terms and amortization are not detailed in the resolution; this action records the FY 2025-2026 budget appropriation tied to the USDA-financed loan.
More from Millington Municipal School District
Millington Board of Education Agenda 2026-06-01
Millington Board of Education Agenda 2026-06-01
Millington Board of Education Agenda 2026-06-01
Millington Board of Education Agenda May 4, 2026
Millington Municipal School District Resolution Budget Amendment Seven 2026
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