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RSU 4 establishes $150,000 capital reserve fund; board earmarks Libby Tozier window and envelope work
Summary
Voters authorized creation of a capital reserve fund up to $150,000 to be transferred from 2024-25 available balances; the school board previously voted to target Libby Tozier building-envelope and window-sill work if the article passed.
RSU 4 voters authorized a capital reserve fund with a transfer of up to $150,000 from available 2024-25 fund balances and empowered the school board to expend the reserve during the upcoming fiscal year. The motion carried on a counted vote of 22 in favor and 9 opposed.
Superintendent Katie Grondin and the business manager explained the intent: the district has identified near-term…
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