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Trustees review financial snapshot; $111,000 available but priorities exceed funds
Summary
Board reviewed a financial summary showing about $111,000 available for the building project (not counting pending grants); trustees discussed prioritizing propane heat, appliances and steeple work and noted outstanding items totaling roughly $24,000 and a roof estimate of $7,500.
The board reviewed an updated project financial summary showing approximately $111,000 in available funds that do not include pending grant applications or future fundraising. The Chair said the available funds could cover key near-term items, including propane heat installation, appliances and countertops, while recognizing other outstanding costs remain.
Specific items discussed included a $24,375 list of smaller outstanding costs that trustees agreed to reconcile with Peter's change-order estimates, and a $7,500 roof-repair estimate with additional bids expected. The Chair reported that Bridge to Tomorrow and other donations had recently added funds to the building account, and trustees discussed earmarking versus flexible allocation of incoming donations.
Trustees agreed to pursue grants and targeted appeals for furnishings and landscaping while using operating reserves and the identified available funds for core mechanical and appliance needs.
