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Board reviews FY26 projections; bus and van purchases remain unresolved
Summary
The board heard FY26 projections and discussed the district's 2% reserve fund and options for replacing two vehicles; staff will seek alternatives including purchase/lease mixes or transfers and revisit in finance subcommittee and upcoming meetings.
The East Windsor Board of Education received an update on fiscal projections for FY26 and discussed options for funding two replacement vehicles.
Ryan, who presented the financial projections, said the FY26 numbers are a snapshot and remain fluid through June; the board reviewed an estimated ending balance and adjustments for encumbrances, supplemental spending and potential McKinney-Vento savings. Board members agreed in principle to retain a portion of any year-end balance in the district's 2% reserve fund and to apply part of the remainder toward the FY27 budget, but emphasized the final numbers will be settled after June accounting and outstanding invoices are addressed.
On transportation, board members discussed a prior $100,000 budget shortfall that has been corrected and said the board of finance has not issued a final decision on funding new vehicles. Norine described alternatives being explored: using litigation settlement funds, purchasing one bus and leasing another, or asking the board of finance to approve a transfer. "We're just going to look at alternatives," Norine said, asking the finance subcommittee to examine options and return recommendations.
No formal purchase was approved. The board directed staff and the finance subcommittee to pursue options and prepare a recommendation for the full board and, if necessary, for the board of finance. The item will return to subcommittee and to the next board meeting for a decision.
