School District Outlines $21M Capital Improvement Plan for FY 2027 and Beyond
October 01, 2025 | South Kingstown, School Districts, Rhode Island
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The South Kingstown School Committee convened on October 1, 2025, to discuss the fiscal year 2026 budget and future capital improvement plans, highlighting the district's financial health and upcoming projects that will impact local schools.
In a detailed budget update, the committee reported that year-to-date revenues for the general fund reached over $10 million, accounting for 17.1% of the total budget. The primary sources of revenue included town tax transfers, state aid, and Medicaid reimbursements. On the expenditure side, general fund spending was approximately $3 million, representing 5.8% of the total budget. Key expenses were attributed to salaries, benefits, transportation, and school materials.
The meeting also marked a transition for the district, as Tony Ferrucci, the outgoing Chief Financial Officer, expressed his commitment to supporting the new CFO, Patricia, and the leadership team. Ferrucci emphasized the importance of continuity in the district's financial planning and capital projects, noting that he would remain available for guidance as needed.
Looking ahead, the committee initiated discussions on the 2027 capital improvement plan, which aims to address significant infrastructure needs within the district. The district currently has a five-year plan in place, and the committee is preparing to present its capital needs to the town. This includes a projected $21 million worth of projects over the next six years, with a focus on securing housing aid for renovations and improvements.
A notable highlight from the meeting was the identification of urgent renovation needs at Hazard School, estimated at $6.5 million, which has already received preliminary approval for housing aid. The committee is working to ensure that all projects are documented and submitted for funding consideration, with the goal of enhancing the educational environment for students.
As the meeting concluded, the committee reaffirmed its commitment to transparency and collaboration with the town, ensuring that the district's capital needs are met while maintaining fiscal responsibility. The discussions set the stage for a proactive approach to addressing the challenges and opportunities facing South Kingstown schools in the coming years.
In a detailed budget update, the committee reported that year-to-date revenues for the general fund reached over $10 million, accounting for 17.1% of the total budget. The primary sources of revenue included town tax transfers, state aid, and Medicaid reimbursements. On the expenditure side, general fund spending was approximately $3 million, representing 5.8% of the total budget. Key expenses were attributed to salaries, benefits, transportation, and school materials.
The meeting also marked a transition for the district, as Tony Ferrucci, the outgoing Chief Financial Officer, expressed his commitment to supporting the new CFO, Patricia, and the leadership team. Ferrucci emphasized the importance of continuity in the district's financial planning and capital projects, noting that he would remain available for guidance as needed.
Looking ahead, the committee initiated discussions on the 2027 capital improvement plan, which aims to address significant infrastructure needs within the district. The district currently has a five-year plan in place, and the committee is preparing to present its capital needs to the town. This includes a projected $21 million worth of projects over the next six years, with a focus on securing housing aid for renovations and improvements.
A notable highlight from the meeting was the identification of urgent renovation needs at Hazard School, estimated at $6.5 million, which has already received preliminary approval for housing aid. The committee is working to ensure that all projects are documented and submitted for funding consideration, with the goal of enhancing the educational environment for students.
As the meeting concluded, the committee reaffirmed its commitment to transparency and collaboration with the town, ensuring that the district's capital needs are met while maintaining fiscal responsibility. The discussions set the stage for a proactive approach to addressing the challenges and opportunities facing South Kingstown schools in the coming years.
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