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Kings Local approves negative change order; $56,000 returned to Columbia Intermediate building fund
Summary
A change order for Columbia Intermediate was presented as a negative $56,000 — a credit to the district — stemming from lower-than-anticipated concrete work and a credit on HVAC piping; the board approved routing the funds to the building fund, not the general fund.
Treasurer Don Morrow told the board a Columbia Intermediate change order would return $56,000 to the district’s building fund because less concrete was needed than originally specified and because of a credit related to HVAC pipe work.
Morrow described the entry as a negative change order that would remain in the building fund and not be used for operations: “This is a $56,000 coming back to the district,” he said, adding that the money will “stay in the building fund that can only be used for buildings and for debt. Yes. No operations.”
The administration framed the change order as an example of the normal ebbs and flows of construction projects: less concrete was required in one area than anticipated, which generated the credit. Construction-management staff emphasized that change orders with negative values are presented to the board to document and approve savings returned to the project fund.
The board voted to approve the treasurer’s approval items, which included the Columbia Intermediate change order; the roll-call vote approved the items.
Why this matters: The returned funds increase the district’s restricted building fund balance and are restricted by law to capital and debt uses; they do not augment the district’s operating budget.
Next steps: Construction and finance staff will continue construction oversight and return any further change-order savings to building funds for board approval.
