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Board approves use of fund balance to secure E‑rate discount for network upgrades
Summary
The board approved using district fund balance (district share) to begin a three‑school network infrastructure upgrade so the district can secure an 80% E‑rate subsidy; staff said the district’s share after a recent mini‑bid is about $101,608.80 and the total project cost is about $508,044.
The Lenoir City Board of Education voted March 26 to authorize using district fund balance to begin a network infrastructure upgrade at all three schools so the district can secure a federal E‑rate discount.
Dr. Small told the board that a recent mini‑bid changed equipment pricing and reduced the district’s share to roughly…
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