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Bradford Exempted Village board reviews five‑year forecast, audits and solar timeline
Summary
At its February meeting, the Bradford Exempted Village Board reviewed a five‑year financial forecast, described an ongoing private audit and received a facilities update that included a pending solar installation expected in three to four weeks, officials said.
At its February meeting (exact date not specified in the transcript), the Bradford Exempted Village Board of Education heard a detailed financial forecast from the treasurer, discussed an ongoing audit and received an update on a solar installation planned for district property.
Treasurer (speaking as the district finance lead) told the board that the district’s current forecast “looks like we may be about a $165,000 better than I’ve got in September,” while warning that purchased services and other costs have risen sharply. “We’ve had a huge increase in our purchase services this year,” he said, and he noted fringe‑benefit costs are “running about 74%” of wages, a pressure the district will watch closely.
The treasurer described several pieces of state legislation that could reduce local revenue, saying one component under consideration could reduce about $5.5 million in local receipts if enacted in the form discussed with the board. He emphasized the district’s relative resilience — the board is not planning an immediate levy — but said officials will monitor how legislative changes affect revenue and the forecast.
Board members also asked about the audit. The treasurer said the district is being audited by a private firm on a four‑year cycle, not the state auditors, and that staff are providing extensive records electronically to meet the auditors’ requests. “They are coming into the district. We have conversations back and forth. We do everything electronically,” he said, adding that the process is time‑consuming but intended to ensure compliance.
The superintendent reported construction progress and a timetable for solar panels: the roof work is nearly complete and, after a final permit and warranty checks, the installer expects to begin panel installation “in a matter of three or four weeks,” the superintendent said. The treasurer noted a related state grant — described in the meeting as a half‑million dollar grant to support the solar work — and said the district is working with the vendor and local agencies to meet grant requirements.
The treasurer said he will post the full forecast and supporting slides on the district website so board members and the public can review the underlying figures.
Next steps: board staff will continue to respond to auditors’ requests, monitor legislative developments that might affect revenue, and post the detailed forecast material to the district website for public review.
