Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Superintendent: capital project winding down with $89,000 remaining; board approves $42,184 change order
Summary
Superintendent Michael Bennett said the district’s capital project is near closeout with about $89,000 left; the board approved a $42,184 plumbing and heating change order and directed staff to recode eligible general‑fund summer work to capital where allowed.
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
At the Nov. 17 Greenville Central School District Board meeting, Superintendent Michael Bennett and the district business officer reported that the capital improvement project is approaching closeout with roughly $89,000 remaining in project funds.
Financial status and timing: The business official said the district is reviewing summer and early‑fall purchases that were paid from the general fund to determine which eligible items can be recoded to the capital project so the remaining project funds are fully utilized. The district aims to issue final contractor payments on the Dec. 5 check run and to submit the project closeout materials to the State Comptroller/SCED by the end of December.
Approved change order: The board approved a change order in the amount of $42,184 for plumbing and heating work that adds three smaller HVAC spaces at the elementary school (two spaces historically lacked HVAC and a third, an IT closet, had an aging unit). District staff said the work is consistent with the scope voters approved and could be scheduled and completed within the remaining project timeline.
Why it matters: Using remaining capital project funds for adjacent or related work — when permitted by project rules — avoids leaving excess funds that would roll to debt service. The business official said remaining balances can be recoded where the work was initially intended to be in the project but omitted for timing reasons.
Next steps: Staff will produce a list of items recoded to capital funds for the board’s review and will continue to work with the treasurer and financial adviser on final closeout documents.

