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Board hears CESA 10 referendum project update; district reports $11M expended and $800K+ interest revenue
Summary
CESA 10 presented Phase 1 and Phase 2 project status for the district referendum; the board was told $11 million has been expended to date with more than $800,000 in interest revenue and about $95,000 remaining in investments.
Alex Larson of CESA 10 briefed the board on the district's referendum projects, reporting Phase 1 punch-list completion and Phase 2 work including locker contracts, flooring samples, bathroom fixture updates, partition planning, parking-lot layout selection, and design of a bus garage canopy (pending a village variance). The presentation noted ongoing coordination to minimize summer disruptions.
Superintendent Nick Kaiser and District Accountant Emmaly Monfort provided the referendum finance update: "Referendum work continues. Phase 1 is almost wrapped up and Phase 2 meetings are going well," Kaiser told the board; Monfort reported that $11 million has been expended to date, interest revenue is over $800,000, and remaining investments are approximately $95,000. The board discussed logistics and warranty tracking and asked administration to continue coordinating with CESA 10 and local permitting authorities.
