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Officials present updated Neary school financing figures; MSBA recommendation expected April 30
Summary
Select Board members received updated fiscal figures for the Neary school project: town staff said the estimated total project cost is about $109 million with an MSBA recommended grant of $35,279,000 and a projected town bond of roughly $68 million; the MSBA board is scheduled to vote April 30.
The Select Board received a progress report on the Neary school building project and recent financial updates on April 1. According to the presentation, the town’s current estimate for the total project cost is approximately $109,000,000, and staff said the Massachusetts School Building Authority has recommended a grant of $35,279,000 to the MSBA board for final approval. Town staff said the amount the…
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