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Operations committee proposes $226,256 surplus allocation, including phone-system upgrade and Lyman Hall runway repair
Summary
The Wallingford School District operations committee reviewed a December projection showing a $620,000 surplus (a $927,000 decline from last month) and proposed allocating $226,256.23 in unencumbered funds: $135,000 for a district phone-system upgrade, $51,565 for Lyman Hall runway/long-jump repairs, and $29,006.91 held unallocated in the 2% fund.
The Wallingford School District operations committee on Dec. 22 reviewed a revised December financial projection and a proposal to allocate $226,256.23 in unencumbered surplus.
Mr. Barone, presenting the district finances, said the district’s December projection shows “a $620,000 surplus,” a decline of about $927,000 from the prior month. He attributed the swing primarily to special-education tuition fluctuations, an estimated…
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