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RSU 04 hears facilities and finance update; short propane contract quoted at $1.36/gal
Summary
Board reviewed facilities bids, a short-term propane contract to cover a roughly 7,000-gallon shortfall at about $1.36 per gallon (estimated $14,000 savings), a potential $152,000 equipment bid, and December financial snapshots showing general fund revenue of $10,308,520.44 and expenses of $10,276,120.96.
The RSU 04 Board received a facilities and finance briefing covering upcoming bids, a short-term propane purchase, equipment disposition and December financials.
Facilities staff said bids for building-envelope work will be released ahead of the next meeting. The district arranged a short propane contract to carry it through June after discovering roughly a 7,000-gallon shortfall under the previous contract; staff reported the interim price is about $1.36 per gallon and estimated this move saves approximately $14,000 compared with prior pricing. Facilities staff also described coordination on a new scoreboard with neighboring Litchfield and a farm-to-school plot to be installed between Carrie Ricker and Libby Toacher on the access road.
On equipment, staff said a table saw that lacks a safe-stop guide will be offered first to the towns; if no town takes it, the district will place it on a public bid with an estimated price of $152,000. Transportation updates were noted but not detailed in the transcript.
The finance report showed year-to-date general fund revenue of $10,308,520.44 (44.56% of anticipated revenue) and year-to-date general fund expenses of $10,276,120.96. Staff explained some receivables (for example, state subsidy and a town check for school nutrition subsidy) posted in January rather than December because of holiday timing and would appear in January figures. The transcript records other line-item figures: adult education revenue $23,043.91 (25.77% of budget) and expenses $41,697.97 (53.22% of adult ed budget); food nutrition revenue $294,312.05 and expenses $473,481.
No formal board action on bids, contracts or budget adjustments was recorded in the available transcript excerpts.
