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Board Reviews Facility and Budget Items; Committee Proposes Reserve Transfers Pending Audit
Summary
The finance and infrastructure committee updated the board on transformers, HVAC and HVAC-related installations, and asked for authorization to transfer reserve funds after audit results; staff also presented several contracts and small grants for board approval.
The Sayreville Board of Education’s finance and infrastructure committee reported progress on multiple capital projects and asked the board to authorize potential reserve transfers following the annual audit.
Committee members said transformers for the middle school and Wilson should be delivered June 16 and installed later in the month; scheduled power outages of one to three days were announced to complete electrical work. Staff reported HVAC work at multiple schools—including Eisenhower, Truman and the high school performing-arts areas—was on schedule for completion by August.
The committee reviewed several recommended actions on the business meeting agenda: acceptance of a donation of 40 touchless hand-washing timers valued at $1,158 for an early-reading program; a $17,340 grant for universal screening tools for 2025–26; a contract with Central Power and Light to install electric distribution facilities at Jesse Salover School for $55,910.82; a $1,900 engagement for underground conduit tracing at Sayreville War Memorial High School; and an upcoming bid advertisement to finish carport solar panels.
On reserve transfers, the committee proposed asking the board to approve a maximum transfer of up to $5,000,000 of unanticipated revenue into capital reserve, $1,000,000 into maintenance reserve and $250,000 into emergency reserve, pending the final audit. Committee members emphasized these are maximum amounts and the actual transfer will depend on final audit results; staff noted they expect a more modest transfer (the committee chair cited approximately $1,000,000 as more likely).
No formal vote on the proposed maximum reserve transfer was taken at the June 16 meeting; the superintendent’s report and routine consent items that include contract approvals were moved and accepted by the board during the business meeting, with roll-call confirmations recorded in the meeting minutes.
If the board approves transfers after audit, the funds would be moved into district reserve accounts for capital and maintenance projects; the committee asked the board to consider these items as part of the usual post-audit housekeeping that districts perform annually.
The board did not take additional separate votes on the items during the public portion beyond approving the superintendent’s report and routine agenda items as recorded in the minutes.
