In a recent meeting held by the Pelham Union Free School District, key discussions centered around the upcoming budget and bond propositions that will be presented to voters. The meeting highlighted a proposed $4.5 million geothermal heating and cooling system, which aims to reduce long-term utility costs for the district. While the initial investment is significant, officials noted that tax rebates and grants could help offset these upfront costs, potentially accelerating the return on investment.
The budget proposal adheres to a 3.48% tax cap compliant levy increase. Among the propositions, one notable item is the purchase of a house at 29 Franklin for $1.45 million, with an additional $400,000 allocated for renovations. This purchase will be funded through the district's undesignated fund balance, meaning no new taxes will be raised for this expense.
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Subscribe for Free The meeting also addressed the importance of the geothermal project, which is contingent upon voter approval. If the geothermal system is not approved, the district plans to implement dual hydronic systems for heating and cooling. Officials acknowledged that while the geothermal system may not yield immediate savings, it is expected to provide significant cost reductions in energy expenses over a longer period.
Community engagement remains a priority, with additional bond engagement sessions scheduled and an invitation for informal discussions at a local café. Voters are encouraged to participate in the upcoming election on May 20, where they can cast their votes on the proposed budget and propositions.
As the district prepares for this critical vote, the discussions reflect a commitment to sustainable practices and financial responsibility, aiming to enhance the educational environment while managing costs effectively. The outcome of these propositions will play a crucial role in shaping the future of Pelham Public Schools.