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SAD 52 presents five-year budget analysis; district holds $1.358 million in facilities reserve
Summary
District administrators reported on a five-year budget review showing growing reserve accounts, identification of major cost drivers (special education and maintenance), and potential use of reserves for local match on state renovation grants (ED 279).
District administrators presented a condensed five-year budget analysis to the SAD 52 Board of Directors, showing that the district has rebuilt fund balances and now holds a substantial facilities reserve.
Director of finance-level staff (presenters identified in meeting materials) told the board the facilities reserve account is at approximately $1,358,000 and that special education and maintenance warrant articles were the largest pressures on prior budgets.
Nut graf: After several years of delayed audits and limited reserve activity, administrators said the district has reached a…
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