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District financial update: safety‑net eligibility rises, capital projects advance and board approves laptop purchase
Summary
Executive Director Paula McCoy told the Ridgefield School District board the district’s safety‑net submission shows preliminary eligibility of about $1.3 million (versus $600,000 budgeted), which will reduce the special‑education deficit; trustees approved several policy updates and a purchase of 105 staff laptops for $113,520.85 and heard updates on roofs, tennis courts and phones.
Executive Director of Business Services Paula McCoy told trustees that a recent state safety‑net submission increased the district’s potential eligibility to roughly $1.3 million, up from the $600,000 the district had budgeted. McCoy said that, if finalized in the state’s August award, the additional eligibility would reduce the district’s projected special‑education deficit by about $700,000.
McCoy also reviewed enrollment and revenue trends (a roughly 90‑FTE year‑to‑date decline), payroll and substitute pressures in February, and the status of the district’s capital projects. She said the first small state match remittance has arrived and the…
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