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Board approves May 2025 financial report after questions about bond carryovers, press box and kitchens
Summary
Commissioners approved the May 2025 financial report after staff answered questions about multi‑year bond project carryovers, Lower Richland press box costs, central kitchen renovations and bus replacement accounting.
The Richland 1 Board of School Commissioners on June 24 approved the May 2025 financial report after a detailed discussion about bond allocations, projects showing up in multiple years and outstanding project carryovers.
Ms. Sherry Matthews Hazel presented the report and commissioners asked for clarification on why some projects listed under older bond series still showed remaining balances. Commissioner Hersey asked whether projects that appear across bond pages (for example a 2020 bond listing of $17 million) indicate additional funds were required from later bonds; staff explained that…
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