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Buckfield withdrawal committee reviews bonds, bus debt and budget data as consultant begins school audits
Summary
The Town of Buckfield withdrawal committee heard legal and financial updates, including a list of bonds and leases, EEI repair/lease accounting, bus-note principal and interest figures, and agreed to task a consultant with reconciling vehicle VINs and district-wide cost apportionments before drafting a withdrawal budget.
The Town of Buckfield withdrawal committee met April 2 and received detailed financial and legal updates as it prepares a possible withdrawal from RSU 10.
Kristen, the committee member presenting the attorney update, said she had emailed RSU 10’s attorney seeking collective bargaining agreements, details about bonds and lease-purchase agreements, an inventory of buses and other equipment, and the superintendent’s contract. She told the committee some material arrived the afternoon of the meeting but that “yes-or-no” answers to several questions were still pending.
The group discussed several specific items identified in the RSU documents. Members noted a 2024 “new school” bond of roughly $3,000,000 and a 2025 pre-K–8 funding item of about $1,000,000 that appear to relate to the Mountain Valley…
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