August 28, 2025

Ms. Fischer

was not present at this time.

Mrs. Rivero

made a motion to approve the agenda for August 28, 2025: seconded by

Mrs. Baudoin

; 3 yeas.

Mrs. Rivero

made a motion to accept the minutes for the February 5, 2025, meeting of the Debt Management Commission; seconded by Mrs. Baudoin: 3 yeas.

Mrs. Rivero

made a motion to set the February, 2026, Debt Management Commission meeting for February 5, 2026, Thursday, at 10:00 a.m.; seconded by Mrs. Baudoin; 3 yeas. August 28, 2025

Mrs. Kaminski

noted some of the entities did not have the information they should have, and some were only one page. Also, some of the entities had something for 2025/2026, but had nothing listed for the following four years although it was supposed to be a five- year plan.

Mrs. Rivero

said Tonopah forgot to include a breakdown of the payment plan until the end of their debt and she would like to see that next time.

Mrs. Kaminski

discussed the Nye County School District. She was looking at the money spent in the current year, which was very little. The plan showed that all schools needed improvements, especially in the IT area, but it did not look like anything was spent. Their plan for last year also had.a breakdown of each school with the estimated costs. Mrs. Kaminski said this looked like last year's plan again. She also expressed her concerns with the walk-in refrigerator and freezer as they were original and need to be replaced due to age when funding was available. Mrs. Kaminski stated the kids needed a good education and making sure that they were fed properly was part of that.

Mrs. Rivero

said she understood there was a lot of growth happening and it was hard to keep up, but she wanted the School District to be cognizant of the fact that its outstanding bond with interest was almost $100 million dollars. It was second in the State for percentage of debt, which did not look good to the taxpayers.

Mrs. Fischer

was present. She said she did not have comments but was happy to answer any questions.

Mrs. Kaminski

told Mrs. Fischer about the concerns raised with the School District's plan.

Mrs. Fischer

thought she needed to look at the one that was sent. She knew the plan submitted for the first Debt Management Commission meeting she attended was not updated at all. She said the one submitted this year should be updated, but it was possible it was written before some of the improvements were made.

Mrs. Kaminski

said Round Mountain was the only entity that used the tax money for the Sheriffs Office. She knew the Sheriff had not come to the Town of Tonopah to ask for any of the money, but she was told that some of that money was being used.

Mrs. Fischer

stated the School District lost the grant funding that paid for the school resource officers. She said the County Commissioners in Pahrump kept approving houses to go in. Floyd and Hafen elementary schools were already almost at capacity. The School District had modules, but Mrs. Fischer was concerned since they were already at the maximum bond how many more houses were going to be put in. She felt August 28, 2025 5. Review of the Debt Management Policies and Capital Improvement Plans for 2025-2026 of Nye County municipalities-Cont'd. the Commissioners were not paying attention to the need for schools and there was no money to fund more schools right now.

Mrs. Rivero

thought the additional housing had impact fees to help offset some of that cost.

Mrs. Fischer

did not think the offset would be enough to build a new school. It was $24 million for just one school.

Mrs. Rivero

thought that might be something the School District needed to take in front of the Commissioners to increase it. She also thought the subdividers should be asked to set aside land for school sites which would help offset some of the costs as well.

Mrs. Rivero

made a motion to stay with past practice, which was to specify the limit at 98% and not less than 75% and to go with standard procedures on past priorities for essential facilities such as public safety, education and health, and all others as non- essential facilities and services; seconded by Mrs. Baudoin; 4 yeas.

Mrs. Kaminski

adjourned the meeting. APPROVED this f day ATTEST: of Meet , 2026 (0. <a yee d drdbman DMC Chair Nye County Clerk / Deputy