School District Budget Development Proposal March 2026
District Continues Debt Service Payments to MMBB
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Description
The district’s 2026-27 budget includes a $1,976,057 debt service payment to MMBB for the Mt View Complex construction bond, due for final payment in November 2027.
Contract Details
Contract Amount
$1,976,057
Vendor
MMBB
Agency
School Administrative District 03, ME
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
Contract Term
FY27 (Final payment November 2027)
Renewal Date
2027-11-30
Renewal Info
Bond refinanced; final payment due in November 2027, closing out the obligation. No further renewal anticipated.
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School District Budget Development Proposal March 2026
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