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Board hears referendum closeout: projects completed under budget, $3.2M in added work reported
Summary
Building & Grounds reported the 2022 referendum projects were completed and delivered at a total reported cost of about $25.32 million, including $3.198 million in approved alternates and unforeseen work; bond interest income of roughly $1.256 million and $79,785 in energy rebates were noted, and the board plans to move $100,000 into fund 46 for future capital improvements.
At the meeting the Building & Grounds committee provided a closeout report for the 2022 referendum projects. The committee reported that the projects originally budgeted at $24,766,500 were completed and delivered with a reported core cost of $22,119,928 plus roughly $3,198,000 in alternates and additional work approved…
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