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Sto‑Rox recovery panel reviews $8M in junior/senior high repairs, reserve planning and charter tuition cap implications
Summary
The Sto‑Rox recovery advisory committee discussed a May 2024 capital‑needs list estimating more than $8 million for the junior/senior high, a board‑set $2 million reserve and a likely recommendation to set aside roughly $5.8 million more; members also asked PFM to model fiscal effects of a proposed cyber‑charter tuition cap on district finances.
Dr. Hines, the chief recovery officer overseeing Sto‑Rox's financial recovery work, opened the Nov. 19 meeting by reviewing capital priorities and recent state budget developments that affect the district’s fiscal plan.
Dr. Hines said a May 2024 capital‑needs assessment compiled with PFM identified more than $8 million in likely repairs at the junior/senior high school. He noted the board placed $2 million into a capital reserve in February 2025 and that the district is considering moving an additional roughly $5.8…
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