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Town reports fund balances; school officials outline a May bond vote and town moves to transfer gym to school
Summary
The meeting included a report on town fund balances and a discussion about transferring a gym building to the local school; school representatives described a May bond measure to fund STEM and transportation without a tax increase.
Town staff reported account balances and budget items, and a representative discussed an upcoming school bond election and a proposed property transfer.
A staff speaker (Staff member, Speaker 7) reported general fund and other account balances: general fund $78,438.22; CPWA $75,694.31; fire department $32,790.69. The fire department was reported to have a $5,000 grant coming in. The meeting packet included a cash-activity and balance report and budget amendments noted as new forms to be incorporated into the budget.
School representatives discussed a May 13 bond vote totaling up to $2.9 million with no tax increase; the package included funding for a STEM program and a separate transportation proposal to replace aging buses. The school representative said the transportation portion would cover replacement of buses with no tax increase and noted long lead times for some vehicle parts.
Toward the end of the discussion, a motion was raised to sign the gym building over to the school because there were “no outstanding obligations against the property.” Board members spoke in favor and staff noted security and refurbishment work already underway at the gym site. The transcript does not include a formal roll-call or recorded vote result for the gym transfer motion; minutes indicate the intent to proceed with the transfer process subject to confirming no outstanding obligations.
Next steps: budget amendments to be updated in the town's budget materials and the town will follow up on the gym transfer paperwork and confirm outstanding obligations before finalizing any deed transfer.
