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District property committee explores selling parcels, rentals to close budget gap
Summary
The district's property analysis committee has reviewed district parcels and is studying potential sales, rentals and program expansions — including selling a parcel at North Country and Nichols Road and expanding tuition programs — as possible revenue sources to offset budget shortfalls.
Members of the district's Property Analysis Committee (PAC) reported to the BAC that they reviewed multiple district properties and identified several options to bring revenue or lower long‑term operating costs, including potential sales and expanded rentals or program use.
Committee members said an early estimate from a prior appraisal (2007–2008 vintage) put the North Country parcel at around $1 million and the Nichols Road parcel at roughly $1.2 million; committee members cautioned those valuations are many years…
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