Board accepts midyear financials and approves Central High safety upgrades
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Summary
The Grand Forks board approved the district’s general fund financial statement for July–December (revenues $57.6M; expenditures $52.9M) and accepted a guaranteed maximum price to fund safety and security enhancements at Central High School; construction is planned to begin in June and finish before school starts.
The Grand Forks Public Schools Board on Jan. 20 approved the district’s midyear general fund financial statement and accepted a construction budget recommendation for safety and security upgrades at Central High School.
Finance director (Brandon Baumbach) presented the general fund financial statement for the period July 1–Dec. 31: revenues were $57,600,000 and expenditures $52,900,000, leaving revenues over expenditures by $4,700,000 year‑to‑date. Baumbach noted federal funding timing and reduced federal sources affect year‑to‑date percentages. He also highlighted the sale of the Career and Technical Education (CTE) house in December, which sold for $525,000 and contributed net proceeds to the district.
The board voted to approve the financial statement by roll call.
On the capital side, the finance committee recommended accepting a guaranteed maximum price (GMP) of $848,808 for construction work and a total project budget of $1,006,593 for safety and security enhancements at Central High School. Construction staff reported bids came in below earlier estimates and said work is expected to begin June 1 with turnover to the district by late August.
Palmasino moved to accept the GMP and project budget; Cleven seconded. The board approved the motion by roll call.
What this means: project work will be scheduled for the summer construction window and the district’s finance team will continue to report progress to the finance committee; the financial statement will be incorporated into ongoing budget monitoring as the Feb. 9 budget realignment discussion continues.
