Bond Update Summary Provided to USD 230 Board of Education
Presented Feb. 23, 2026, by Marc Williams, Executive Director of Operations
Spring Hill USD 230 remains committed to providing clear, detailed reporting on all projects funded by the voter-approved 2025 bond. The following update reflects the information presented to the Board of Education on Feb. 23, 2026.
Overall Bond Status
Total Bond Authorization: $60,000,000
Total Committed to Date: $28,502,175
Nearly half of the total bond authorization has now been committed under contract.
Williams reported that all elementary addition projects, roofing projects and HVAC improvements are 100% bought out, meaning contracts have been finalized and pricing secured for those scopes of work.
Locking in pricing early reduces exposure to construction market volatility and provides greater financial predictability moving forward. View our Bond Financial Tracker.
Remaining Contingency and Allowances
As of the Feb. 23 report:
Owner contingency remaining (elementary projects): $502,785
Building responder system allowance remaining: $396,535
Contingency funds are reserved for unforeseen site conditions, code-related adjustments or necessary project modifications.
These balances indicate that the elementary projects are progressing within established financial parameters.
Construction Progress
Spring Hill Elementary
Structural steel installation is complete
Interior framing underway
Prairie Creek Elementary
Structural steel installed
Joists are currently being installed
Timber Sage Elementary
Structural steel installation in progress
All elementary addition projects remain on schedule. View our weekly updates here.
Williams reported that there have been no job-site injuries to date.
High School CTE & Commons Expansion
The Design Development phase of the Spring Hill High School Career and Technical Education (CTE) and Commons expansion has been completed.
An independent cost estimate is currently being prepared by Newkirk Novak.
This estimate will:
Confirm alignment with remaining bond capacity
Establish final construction budget parameters
Guide next-phase bidding and contracting
The estimate will be presented to the Board at a future meeting.
This project represents the largest remaining bond scope and will finalize allocation of remaining bond funds.
Bond Revenue Update
Williams reported that bond revenue collections are currently tracking in alignment with projections.
Administration continues monitoring revenue performance as part of overall bond financial oversight.
Ongoing Transparency Commitment
The district continues updating the Bond Transparency Hub to provide:
Financial tracking summaries
Project timelines
Awarded bids
Construction progress updates
All official bond documents and reports are available on BoardDocs and linked through the district website.
What Comes Next
Final cost estimate for the SHHS CTE & Commons expansion
Continued construction progress on elementary additions
Ongoing monitoring of contingency balances
Regular financial reporting at Board meetings
Spring Hill USD 230 remains committed to delivering Bond 2025 projects on schedule, within budget and with full public transparency.
View the presentation slide deck here.