Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Capital Projects topic
No spam. Unsubscribe anytime.
Lincoln County board approves funding move to advance Highland Rim renovation
Summary
The Lincoln County School Board accepted a guaranteed maximum price for the Highland Rim renovation and approved moving district fund balance into the capital projects fund so work can begin pending county commission approval.
The Lincoln County School Board on Tuesday accepted a guaranteed maximum price (GMP) for the Highland Rim renovation and voted to move district fund balance into the education capital projects fund so the contractor can begin work once the county commission signs off.
Board member Mr. Bryant presented the GMP and said the package includes contingency, testing and a fire-marshal allowance; he also noted an estimated additional $500,000 for technology, which would place the total project near the figure shown in the board packet. Bryant told the board, “we got a guaranteed maximum price of 11,855,97” (value as stated in the meeting record; not clarified in the transcript).
Board members debated financing the project while enrollment has declined. Administrators said the district has fund-balance resources available and argued that renovating aging facilities could help retain or attract students. One member noted that several classrooms had been left empty in anticipation of renovation work and that the project would not create new capacity.
The board moved to transfer funds from the general fund into fund 177 (education capital projects) and to forward the funding request to the county commission so the commission can give final approval on June 26. The board recorded a roll-call on the budget amendment to move funds, with seven yes votes and one member absent; the amendment passed.
Board documents and discussion identified the following financial components: a stated GMP (as presented), a $300,000 contingency, a $25,000 testing allowance and a $125,000 fire marshal allowance, plus roughly $500,000 for technology needs. Staff said the district’s 177 fund balance and additional transferred funds will be used to meet the GMP and start dates tied to the county commission schedule.
Next steps: the board will send the funding request to the county commission for final approval at the commission’s June 26 meeting; work is planned to start after those approvals and after schools are out for summer. The board emphasized this is a one-time use of fund balance and not new recurring operating revenue.
