School district to pay off capital outlay certificates

The Madison Central School District will be paying off some of the district’s capital outlay certificates early.  Business Manager Mitchell Brooks told Madison Central School Board members Monday that this is something the district and the board has been preparing for for several years. 

The board approved the payoff of the district’s Series 2012 capital outlay certificates during Monday’s meeting.  Brooks said that by doing this, the district will have funds available for more projects in the future. 

August 9, 2022