School Board Earmarks $868,000 for Summer Projects and Classrooms

The April 17 meeting of the School Board kept on point with their Tuesday night agenda.

Deliberations began with Business Manager Peter Curro. What action the School Board would take regarding the withdrawal of funds from the Maintenance Trust Fund?

The suggested amount for withdrawal was $759,253.32. The withdrawal is not meant for specific projects over the summer months, but will be spent on future projects. The School Board approved the withdrawal amount of $759,253.32 to be taken from the Maintenance Trust Fund for projects this summer by a vote of 4-0.

What action the Board would take regarding the withdrawal of funds from the Capital Equipment Reserve, was next. Curro stated that the number being proposed to withdraw was $108,628.45.

Almost all classroom equipment is put into a warrant article that is voted on by the voters of Londonderry. By withdrawing this proposed amount, the district would be taking the items that were budgeted last year and using the money from the Capital Equipment Reserve Fund. There were no deliberations amongst members of the School Board and the motion passed 4-0 to withdraw the sum of $108,628.45 from the Capital Reserve Equipment Fund for classroom equipment.

Up next was to see if the Board would accept the Proposed School Board Calendar for Aug. 2018 through March 2019. There were no conflicts with the schedule and the Board accepted the proposed calendar by a vote of 5-0. The Board also accepted the Proposed School Board Liaison Committee Assignments by a vote of 5-0 and finally accepted the third reading of Policy IMBD for middle school students being able to earn high school credit for their 7th and 8th grade coursework by a 5-0 vote.

After the deliberations, Peter Curro gave his 3rd Quarter Financial Report and Superintendent Scott Laliberte gave his Superintendent’s Report. According to Curro, the reporting at 2nd quarter is currently running on target and he does not foresee any surprises to the end of the year. The revenues are running a bit above target and the fund balance is estimated to be around $250,000-$300,000; which is what is to be expected from quarter two.

He also announced that the business office of the school district is getting close to launching an online payment system. The way the system is set up now, parents can pay online for their student’s lunch account. With this new system, parents will have the option to pay any and all fees such as yearbooks, field trips, lunches, etc. Curro hopes to have this new system launched before school begins in September of 2018. Superintendent Laliberte gave the March Enrollment Report which has not seen a lot movement and stated that this is typical for the end of March. Students are not necessarily enrolled in a new school in the month of March.

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