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Board approves finance items, sets bid threshold at $53,000 and accepts bills list
Summary
The board approved June financial reports and disbursements, insurance renewals totaling $182,385, the General Fund bills list for $893,506.13, and passed a resolution adopting a $53,000 bid threshold for districts with a Qualified Purchasing Agent.
The Green Township Board of Education approved a package of finance and procurement measures at its July 16 meeting, including certification of financial reports, disbursement approvals and a change to the district’s formal bid threshold.
Finance Chair Kristin Post moved motions to accept the Board Secretary’s and Treasurer’s financial reports, to approve transfers for June and to accept disbursements for student activities, cafeteria and childcare accounts. The board also approved the General Fund bills list for June 12 through July 16, 2025, for a total of $893,506.13, as recorded in the minutes.
The board approved insurance policies through Gallagher for the 2025–26 school year, with individual premiums listed in the agenda and a total cost of $182,385. Chair Post also presented a resolution to set the district bid threshold at $53,000 — reflecting the State Treasurer’s adjustment for districts with a Qualified Purchasing Agent — and to authorize the School Business Administrator/Board Secretary (Karen Constantino) to award contracts under the established thresholds in accordance with N.J.S.A. 18A:18A-3(a).
Minutes record that the board certified there were no major account overexpenditures and that sufficient funds were available to meet obligations for the remainder of the fiscal year. Specific per-member roll-call tallies for each finance motion were not transcribed in the publicly distributed minutes excerpt.
