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Jersey Shore Area SD details 2026‑27 budget, flags technology upgrade and short‑term investments
Summary
Board discussed 2026‑27 budget drivers including absorption of Salidaysburg students at the elementary level, planned technology upgrades and a new Sapphire student information system, and a treasurer note that a 12‑month CD matures Feb. 28 at 4.18%.
The Jersey Shore Area School District board on Feb. 23 reviewed school‑by‑school budget proposals for 2026‑27 that administrators said are driven by student reassignments, technology consolidation and recurring software costs.
Treasurer Mr. Enders told the board the district purchased three short‑term certificates of deposit totaling about $1.5 million and noted a 12‑month CD maturing Feb. 28 with an interest rate of 4.18%. He said current market conditions are producing higher short‑term yields and recommended continuing to favor short maturities while managing cash flow.
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