At its regular action meeting the North Penn School District board approved routine procedural items and several finance and construction actions tied to ongoing projects.
The board approved minutes from prior meetings, adopted items listed on the consent agenda (policies, program of studies, participation in joint bids, student travel, contracts and student agreements) and approved recommended personnel actions. The superintendent said those items had been reviewed at the committee level.
The board approved multiple change orders for contractors working on district projects. The superintendent recommended approval of change orders totaling $36,251.09 for P. B. Builders Incorporated and $9,177.18 for Burrow Construction Incorporated; staff said those change orders were within established allowances and would leave budgeted allowances intact.
District staff and a board speaker discussed recent state and federal budget activity and the potential financial impact on North Penn. The meeting included a fiscal presentation noting statewide investments that could affect districts; the speaker said the adequacy funding changes "should bring a little more than $1,000,000 to North Penn in new funding." (This figure was presented during the budget summary and not adopted as a formal board action.)
The board authorized a letter of credit with Univest Bank to secure escrow for site and improvement work related to the high‑school renovation project. Staff said the letter of credit is 1% of the expected $7.4 million cost of improvements, stated in the meeting as a $74,000 fee; the bank will hold those funds in escrow and release them as approved work is completed.
Treasurer’s reports were presented and the board ratified October disbursements, which staff announced during the meeting as $38,000,000 for the month of October. (The figure was read aloud during the meeting; the transcript record reflects the number as stated by staff.)
What’s next: the board noted that committees will continue to monitor budgetary impacts from state funding changes and that staff will post reports and supporting documentation online for public review.