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Homestead High School renovation project posts $2.9 million in May expenditures; total past $184 million
Summary
District staff reported about $2.9 million in May payments for the Homestead High School additions and renovations project, bringing cumulative expenditures to just over $184 million and showing $7.2 in interest earnings as reported to the board.
District finance staff reported the Homestead High School additions and renovations project incurred just under $2,900,000 in expenditures during May, bringing total project expenditures to just over $184,000,000. The report noted approximately $7.2 in interest earnings on the project account.
Miss Libby presented the monthly memo included in the board packet and said May activity consisted of two pay affidavits submitted during the month. Board members asked no questions during the item; the report was received for the record.
The board previously conducted a hard hat tour of the new building and expects another tour before the school year begins, according to comments during the meeting. The report will be brought back in future monthly financial updates.
