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Board debates $500,000 technology lease included in local funding request
Summary
During Article 13 discussion, a board member questioned a $500,000 technology lease; staff said the lease funds a replacement cycle to avoid budget spikes and that the budget also includes $800,000 in carry-forward funds to offset taxes.
Article 13, which proposed raising $9,756,607.87 in additional local funds, prompted questions about a $500,000 line referenced in explanatory notes. A board member asked whether unused technology funds could be returned to taxpayers; staff clarified that the $500,000 represents a technology lease payment used to maintain a yearly replacement cycle for devices and is not a carry-forward that would be returned.
"That 500,000 is our technology lease... we use a technology lease to fund, recycling our technology every year," the superintendent explained. He added the lease ‘‘avoids artificial spikes in the budget, peaks and valleys’’ and said the revenue side of the budget does include $800,000 of carry-forward funds to offset taxes. Article 13 passed 49–12.
