Select Board presses SAU over school surplus, warrant‑article accounting
Select Board members pressed SAU and school officials to clarify why the reported school surplus fell from about $1.5–1.6 million to $1.1 million, asking whether a $250,000 warrant‑article transfer and $200,000 retainage have been deducted and urging clearer reconciliations before tax‑rate setting.
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Chair moved the meeting to school district expenditures and revenue and asked the district presenter for its latest figures. The presenter said the books were closed as of Aug. 31 and submitted to the state, and that certain items — a $250,000 warrant‑article transfer and a $200,000 retainage — affect the apparent surplus.
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