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Board approves inclusion of Freshwater Education District LTFM projects; district share $8,276.44 for FY27
Summary
The board approved a resolution to include the Freshwater Education District #6004 long-term facility maintenance program in the district's FY27 LTFM revenue application; ISD 2753’s proportionate share for pay-as-you-go projects is $8,276.44.
At its April 21 meeting the Long Prairie‑Grey Eagle School Board approved a resolution to adopt the Freshwater Education District #6004 long-term facility maintenance (LTFM) program budget and to include the district’s proportionate share in its FY27 LTFM revenue application. The resolution (introduced by Hollenkamp and adopted unanimously) notes the intermediate district budget totals $85,000 and that ISD 2753’s proportionate share for pay-as-you-go projects is $8,276.44.
The resolution cites Minnesota Statutes section 123B.53 and explains the method used to compute each member district’s proportionate share (a three‑year weighted average adjusted pupil units formula). The board approved the inclusion of the share in the district’s application, subject to Commissioner of Education approval, and directed that any received proceeds be promptly forwarded to the intermediate district per the resolution language.
The board’s approval authorizes the business office to include the $8,276.44 share in the district’s FY27 application and to coordinate with Freshwater Education District on subsequent reporting and payment.
