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East Hampton board approves repair-reserve projects and authorizes multimillion-dollar bonds and tax note
Summary
The East Hampton school board voted to approve repair-reserve expenditures for building repairs and to authorize multiple bond measures and a $21.5 million tax anticipation note to finance new facilities and capital work approved by voters on May 19, 2026.
The East Hampton Union Free School District board on Tuesday approved a package of financing and budget actions that will fund building repairs, technology refreshes and large capital projects approved by voters in May.
In a consent and business session that followed a public repair-reserve hearing, the board approved a resolution to spend from the repair reserve for necessary projects at East Hampton High School, East Hampton Middle School and John M. Marshall Elementary School. The district reported about $876,000 remained in the repair reserve and reminded the board that voters had previously authorized up to $7.5 million for reserve use; any transfer from fund balance will be audited and is described in the resolution as an "up to" amount.
The board also voted to authorize several bond issuances tied to the district’s May 19, 2026 bond proposition. The motions approved limits on borrowing described in the meeting record as: up to $6,364,974 to finance building and site improvements; up to $45,680,000 to finance construction of an indoor pool at East Hampton High School; and up to $18,535,000 to finance construction of an indoor athletic facility. The meeting transcript records the board taking the motions and approving them; vote counts and individual member votes were not listed in the public transcript.
Separately, trustees approved a tax anticipation note resolution authorizing issuance of a note not to exceed $21,500,000 in anticipation of receipt of taxes for the fiscal year ending June 30, 2027, a common short-term borrowing move districts use for cash‑flow management.
The board also voted to:
• Approve appointments recommended by the superintendent, including the instructional appointment of Olivia Ricker as Earth science teacher and Zachary Ready as a grade 7–12 leave replacement teacher, both effective Sept. 2, 2026.
• Accept donations for the 2025–26 school year and approve budget transfers for the 2025–26 year.
• Approve the use of allowable reserve funding and fund-balance planning measures to prepare for future fiscal years.
Two walk-on personnel resolutions were added under confidential attachments and related to disciplinary proceedings; the board appointed an outside hearing officer to hear charges and provided for 30‑day suspensions without pay for the employee named in the confidential attachments (the motions referenced attachments A and B). The board amended a drafting error during the meeting to ensure the correct attachments were named before voting.
Why it matters: The bond and tax-note actions commit the district to tens of millions of dollars in projects and short-term borrowing. If the district ultimately issues the debt at the authorized levels, the funds will underwrite the new indoor pool and athletic facility the community approved in May, as well as the ongoing repair and replacement work described in the repair-reserve hearing.
Next steps: The superintendent is authorized to take required implementation steps for project spending and procurement; the transcript indicates subsequent administrative steps (audits of year-end balances, signage and procurement) will follow normal district procedures.
Provenance: Topic introduced at SEG 039 and discussion/approval appears through SEG 706.
