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Union SD 5 board urged to be cautious on summer projects amid revenue forecast dip

Union School District 5 Board of Directors · May 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Board members reviewed a revenue forecast showing capital‑tax revenue declines and discussed delaying nonurgent flooring and sprinkler projects to preserve cash carryover for next year.

At the meeting, one trustee urged a conservative approach to summer capital projects after reviewing a revenue forecast that showed capital tax funds were down. A board member (speaker 1) recommended pausing some projects if necessary, saying the district could "press pause on replacing some flooring and resending some flooring" to preserve an extra $100,000 carryover into the following year if revenue projections weaken.

Administrators agreed there is sufficient cash carryover to pay bills next year but emphasized monitoring the forecast and delaying nonessential work if conditions deteriorate. No formal capital spending decisions were made at the meeting; trustees instructed staff to monitor revenue updates and report back mid‑June.