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District reports facilities needs and budget items; retirement‑plan admin, boiler replacement and summer projects highlighted
Summary
Finance and facilities updates covered a third‑party administrator for retirement plans under SECURE Act 2.0, a 1960 middle‑school boiler that will need replacement, summer infrastructure scheduling and potential grant work with JCP&L on lighting projects.
Linda, speaking for the finance committee, summarized several budget and facilities matters. She said the SECURE Act 2.0 (2022) requires changes to retirement‑plan administration and the district intends to hire a third‑party administrator to manage 403(b) and 457 plans, provide employee education and report transactions; she said the third‑party administrator will charge providers…
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