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RSU 40 budget panel caps draft budget at $42.38 million amid bond questions
Summary
The RSU 40 budget committee voted 9–6 to forward a budget capped at $42,378,182 to the full board, while members debated whether that figure accounts for first-year bond payments and an $860,000 state revenue reduction.
The RSU 40 budget committee voted to forward a draft budget capped at $42,378,182 to the full school board, setting a fiscal ceiling for further administrative work as members pressed for clarity about bond costs and state revenue reductions.
A board member moved that the superintendent’s work on the budget remain at or below the $42,378,182 figure. Members debated whether the cap includes a roughly $463,000 first-year bond…
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