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Middletown board approves $45.645 million capital proposition for May 20 ballot
Summary
The board approved a capital project proposition authorizing up to $45,645,000 in improvements and a financing plan that includes capital reserves, unappropriated fund balance and a proposed bond issue; the resolution included a SEQRA determination.
The Enlarged City School District of Middletown board on Thursday approved a resolution authorizing a capital project proposition to appear on the district's May 20 ballot.
The resolution states the district is authorized to construct and reconstruct various buildings and facilities, including site work, athletic fields, playground improvements and original furnishings and equipment, at an aggregate maximum estimated cost of $45,645,000. The resolution lists planned funding of $8,462,662 from capital reserve funds and $10,474,676 from unappropriated fund balance, and it indicates that the remaining roughly $26.7 million would be raised through a bond issue, to be repaid by levies over a period not exceeding 30 years.
The board record includes a determination that the capital project is a Type II action under the State Environmental Quality Review Act (SEQRA) regulations and that the project "will not result in any significant adverse environmental impact," citing the district's SEQRA review language and 6 NYCRR guidance noted in the resolution.
Board members voted 8–0 to adopt the resolution and place the capital proposition on the May 20 ballot. The resolution delegates bond‑issuance and note‑sale authority to district fiscal officers, consistent with the text read into the record.
Speakers and discussion: Mr. Mitchell Williams read the resolution text aloud to the board during the meeting; board member Mr. Bias moved the resolution and Mr. Perino seconded it. During a brief explanation, district staff said the change order and facilities items tied to the capital work include reinforcing concrete floors in lab and toilet areas in a Twin Towers project.
What happens next: If voters approve the proposition on May 20, the district plans to finance the portion not covered by reserves and fund balance through a bond issue, subject to the terms delegated to the district's chief fiscal officer. If voters reject the proposition, work and financing would be revisited according to board direction and applicable law.
