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Board reviews finances and proposed lunch price increases; a $50,000 farm‑to‑school grant announced

Exeter Region Cooperative School District Board · May 21, 2025
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Summary

The finance director reported reimbursements and released encumbrances that improved the fund balance, proposed modest breakfast and lunch price increases at CMS and the high school, and the superintendent announced a competitive Farm to School grant of roughly $50,000.

Director of Finance Molly O'Keefe reviewed the current financial packet, noting IDEA reimbursements and the release of approximately $127,000 in encumbrances that increased the projected unassigned fund balance. She urged the board to note seasonal purchasing patterns when reading the packet.

O'Keefe said the proposed school meal price changes are: for the middle school (CMS), breakfast from $2.50 to $2.75, lunch from $3.75 to $4.00, and milk from $0.50 to $0.60; for the high school, breakfast from $3.00 to $3.25, lunch to $4.10 and milk to $0.60. She said food costs have risen and the food service director is using a spend‑down plan to invest in equipment and programming. A board member requested that the food service fund balance be presented at the June meeting before approving price changes.

Superintendent Esther Rasbell announced a competitive Farm to School grant written by Jean Pierce that was awarded at about $50,000 to support equipment and programming across districts in the cooperative. Board members thanked Jean publicly for securing the grant.

The board asked that the finance team return in June with the food‑service fund balance and spend‑down details to inform any final pricing decision; no pricing vote was taken at the meeting.