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Central office reports impact-fee balance, board reviews potential uses and public-hearing rules
Summary
District staff and town administrators reviewed the district’s impact-fee balance and possible uses; finance staff reminded the board that spending impact fees beyond anticipated revenue or appropriations requires a public hearing.
District central office staff and the town office provided an update on impact fees the town collects for new development and on early capital-planning steps for school facilities.
Why it matters: Impact fees are one-time developer-collected funds designated to offset new development’s impact on school capacity and facilities. The board discussed using part of that account for concept work on a school-safety project and other near-term maintenance needs.
What staff presented: Central office staff reviewed a spreadsheet maintained by Susie Buchanan at the town office that tracks impact-fee receipts and deadlines. Board materials included a…
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