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School project closeouts freed $350,000 for Pre-K literacy; CIPC expects follow-up requests
Summary
The Finance Director required the School Superintendent to identify projects to close out to fund a $350,000 Pre-K Elementary Literacy Curriculum request; CIPC members said closed-out projects likely still need completion and could prompt future funding requests.
Committee members questioned the Finance Director about capital closeouts used to provide funding for a $350,000 request for a Pre-K Elementary Literacy Curriculum. Keveny said he required the School Superintendent to identify one or more projects to close out in order to provide the funding.
Members expressed concern that the projects identified for closeout likely still need to be completed and therefore could result in new funding requests in future years. The committee asked that the Finance Director work with members as they develop the CIPC’s recommended FY28–32 plan so project funding sources are clear and the number of variances between the committee’s recommendation and the Town Manager’s recommended plan is reduced.
The minutes do not record the Superintendent’s response or identify which school projects were closed out; the committee recorded the $350,000 literacy figure as the amount provided for the Pre-K Elementary Literacy Curriculum.
