Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Gardner school project came in under budget; city to reassign borrowing to capital improvements
Summary
Mayor Nicholson said the new school building project finished about $8.5 million under budget; the city will reallocate portions of the 30-year bond to other 30-year capital upgrades across municipal buildings.
The new Gardner school building project came in roughly $8.5 million under the originally authorized budget, Mayor Nicholson said, and the city will reassign elements of the $90 million bond to other long-lived capital projects.
The mayor credited the Massachusetts School Building Authority’s additional grant support, the new school building committee’s financial oversight and the city’s bond counsel work. Because the loan taken…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
