Finance update: grants pursued, stadium drain repair complete and energy projects promised to cut costs
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Summary
Finance and operations committee reviewed current grants (violence prevention, water infrastructure, NJ Cool HVAC grant), completion of high school stadium drain repairs, direct-install energy projects and a reissued concessions RFP.
The finance and operations committee summarized capital and grant activity, energy projects and procurement work to start the fiscal year.
Committee chair Miss Fitzgerald reported that the audit for fiscal 2024-25 has started and staff are preparing a purchasing manual for 2025-26. The high school stadium drain repair was complete. The committee said a SandShore direct-install energy project financing was approved at 0% over five years and estimated savings from several projects were given: SandShore direct install about 65% savings (per committee remarks), a district building direct install project previously saved about 75%, and a ROD grant project saved roughly 34%.
Miss Shoning (district business official) described grants under consideration: a fiscal 2025 violence prevention grant (notification expected early fall) and a water infrastructure grant due Aug. 31. The committee also said the district plans to apply for the state's NJ Cool Grant to replace cooling/heating units at qualifying schools; officials said three schools qualify and the grant could cover about 50% of costs if awarded.
The committee re-advertised a concessions services RFP (including Jumbotron advertising and concession operations) after a poor initial response. The district also reported receiving a $100,000 playground grant.
Board members praised staff's grant-seeking efforts and cost-savings work; the committee said more project discussions will follow.