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Operations committee hears May projection showing $208,000 surplus, recommends 2% reallocations for AC and press boxes
Summary
At its June 9 meeting the Wallingford School District operations committee reviewed a May financial projection that shows a $208,000 surplus through May, down $162,000 from the prior month. Staff recommended closing several small capital projects and reallocating 2% funds to purchase two air-conditioning units and press boxes at the high schools.
The Wallingford School District operations committee on Monday reviewed a financial projection through May that showed a $208,000 surplus, a $162,000 decrease from last month, and discussed rolling several small capital projects into four higher-priority items including two high-school press-box air-conditioning units and two e-hall-pass implementations.
The recommendation came from Randall Barone, staff member, who presented the month-end projection and a proposed 2% summary for strategic spending. Barone said, “we're projecting a $208,000 surplus,” and noted the month-over-month decline was driven by planned one-time spending and changes in benefits…
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