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Dennis-Yarmouth Small Building Committee enters MSBA feasibility phase; district questions lower reimbursement rate
Summary
Dr. Smith said the district received MSBA feasibility materials and must sign a 17-page agreement and submit exhibits; the packet lists a $1,500,000 feasibility budget and shows a reimbursement rate of 54.16%, down from the district's earlier 57.11% estimate, and the district has asked MSBA for clarification.
The Dennis-Yarmouth Small Building Committee on Feb. 12 was briefed on materials from the Massachusetts School Building Authority tied to the district’s entry into the MSBA feasibility phase and flagged a lower-than-expected reimbursement figure that district staff said they are seeking to clarify.
Dr. Smith, who presented the packet of MSBA documents, said the district has received a formal invitation and a multi-page feasibility study agreement that the district and MSBA must sign to proceed. He said the feasibility phase materials include an exhibit showing how a roughly $1,500,000 feasibility-study budget would be allocated and the associated MSBA reimbursement calculation. “Our…
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