MODESTO — The Schools Infrastructure Financing Agency board will appoint a citizen member for a two-year term beginning in February. The seat has been held by Mike Rego since February 2012.
For more information, contact the agency via Modesto City Schools, 426 Locust St., or call (209) 576-4032.
SIFA is the oversight agency formed to administer extra property taxes levied on Village I and other new subdivisions to build schools.
The other six members of the board all represent the Modesto City Schools, Sylvan Union and Stanislaus Union school districts.
The SIFA board will hold its first meeting since August at 6 p.m. Wednesday at the Sylvan boardroom, 605 Sylvan Ave.
Board members will be asked to approve a variety of financial documents, which show that the agency had $16.7 million in the bank as of June 30 and $38.2 million in long-term debt outstanding.