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District Approves $62,376 Use of Capital Reserve to Buy Tractor and Attachments

Cherry Valley‑Springfield Central School District Board of Education · April 9, 2025
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Summary

The board approved using $62,376 from the Capital Reserve ‑ Equipment Fund to purchase a tractor with attachments for district maintenance and capital projects.

The Board authorized the appropriation and use of $62,376 from the district's Capital Reserve ‑ Equipment Fund to fund a machinery acquisition project consisting primarily of a tractor and related attachments (Proposition III). The motion passed unanimously.

Board members framed the purchase as a capital improvements action to support grounds and maintenance operations. The capital reserve transfer was approved to avoid charging current operating accounts for the equipment acquisition.