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Finance committee recommends forwarding $1.3 million surplus transfer (Resolution 154) for three capital projects
Summary
The committee recommended sending Resolution 154 to the full board to move a $1.3 million surplus from 2023–24 into capital funds to pay for three facilities projects: Mill Hall Elementary automated logic, tennis courts and gym rooftop/HVAC units.
Joni (district staff) presented a proposed Resolution 154 to the finance and facilities committee asking that the committee recommend that the full board approve transferring $1.3 million of the 2023–24 surplus into capital funds to cover three facilities projects: automated logic work at Mill Hall Elementary, renovations to tennis courts, and rooftop/HVAC units for a gym.
Joni said the $1.3 million surplus was generated in 2023–24 and that the administration believes the amount will cover the three, named projects once quotes arrive. “We would like to recommend that you take…
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