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Board discusses capital outlay options, including elevator repair and $100,000 limit for projects
Summary
Board members asked whether elevator repairs and other facility needs would be included in next year's budget; staff said projects under $100,000 can be included as capital outlay within the budget and that aid is typically reimbursed the following year, while larger projects would require separate planning.
Board members raised facility needs including elevator repairs and other maintenance; Dr. Meyer explained the rules for capital outlay projects and how state aid reimburses small projects.
"If you do it through a capital outlay project, you can do it and get the aid back on that the following year," Dr. Meyer said while describing the $100,000 threshold for capital outlay projects and the district practice of bundling smaller jobs to qualify. He added that projects must be completed in the fiscal year for which the aid is claimed. Board members asked for estimates and said they expect more detail at the next meeting where bids and costs will be available.
