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Bronxville projects $2.1M surplus; approves transfers for security vestibule and flood pump, $20M project timeline outlined
Summary
District finance staff reported a projected $2.1 million surplus, outlined a $1.3 million transfer from capital reserve (effective 06/23/2025) for summer security and flood‑pump work, and provided a facilities update noting asbestos abatement complete, a steel delivery delay on the flood‑pump structure and an aggressive schedule for a $20 million capital project.
The Bronxville Union Free School District's business official reported on July 8 that the district is projecting roughly $2.1 million in surplus for the current year and presented financial actions tied to summer capital work and contractor approvals.
Dan, the district business official, told the board the district is “projecting over 2,100,000.0 in surplus from the current year,” and outlined a set of transfers from the capital reserve. The board approved increasing the general fund expenditure budget by $1.3 million to receive a transfer from the capital reserve and then transfer that $1.3 million to the capital fund to pay for summer projects including a security vestibule and a flood‑pump structure; the transcript records that the transfer will be effective as of June 23, 2025.
On facilities, the district reported asbestos abatement for the security vestibule is complete and framing has started, but the structural steel for the flood‑pump structure is delayed. District staff said they are expecting steel delivery the coming Monday and that the contractor believes the schedule can be met despite being a couple of weeks behind; if necessary the exterior work could be pushed a week or two later.
District staff also reported a kickoff meeting for a planned $20 million project with the architect, engineers and construction manager. The board was given an aggressive timeline: schematic design to be completed by July, design development by early September, mechanical/electrical/plumbing schematic design to begin in September, and a planned New York State Education Department submission by Thanksgiving with a hoped SED evaluation and permitting by March 15 to allow bids in April for construction next summer.
The board approved a slate of financial action items including contracts for security guard services, consulting for safety planning, claims auditing engagement letters, tutoring and special‑education service contracts, and legal retainers. The board also approved a boys' ice hockey merger to address low roster sizes and approved a settlement discussed in executive session on counsel's recommendation.
The board indicated interest in continuing to monitor interest rates and debt utilization to limit tax increases as the district plans for potential borrowing related to capital work.
The financial motions and capital project timeline were presented and approved; the board will return to these subjects as design milestones and state reviews progress.
