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School committee approves short‑term financial consultant contract to support five‑year CIP planning
Summary
The committee approved a contract for Anthony Fucci to assist with five‑year capital improvement planning and RIDE submissions. Members clarified hourly rate, minimum days and payroll classification; administration said the work will be project‑based and budgeted.
The South Kingstown School Committee approved a contract to retain Anthony Fucci as a financial consultant to assist with five‑year capital improvement planning and the district's CIP submission to RIDE.
Administration said Fucci has prior experience as interim CFO and extensive capital planning experience and that retaining him would support the new facilities director and the district's need to submit a five‑year facilities plan required for potential school housing aid.
Committee members discussed compensation and contract language. The contract as presented lists an hourly compensation rate (administration noted $130 per hour), minimum days per week and hours per day, and the district clarified the arrangement will be run through payroll (employment contract) rather than as an outside vendor. The administration said the role will be project‑based and that the hours are expected to be limited over the summer months.
A motion to accept the financial consultant contract with the revisions discussed at the meeting passed by voice vote. The administration said the engagement will be capped to control costs and will be coordinated with the facilities team.
