Colchester outlines $115M school bond, warns of higher per‑pupil spending and penalty risk Colchester officials testified about a voter‑approved $115 million, 30‑year bond to renovate three aging schools, showing a projected per‑pupil spending increase and a peak annual bond debt service near $9.3 million that could push the district toward excess‑spending penalties if debt is not excluded.

Colchester's $115 million school bond aims to revamp aging facilities, but looming debt and potential penalties could jeopardize the project’s future.

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