Sep 18, 2025Board meeting
Finance Committee Finance Committee Notes
The committee reviewed the budget schedule, codes, and fundamental budgeting guidelines, focusing on the distinction between supply expenditures and capital expenditures and their subsequent impact on the tax cap levy limit. Discussions included the allocation of $1.5 million for capital projects, such as air conditioning refurbishment, facility door access controls, boiler replacements, and security booth installation. Furthermore, the meeting addressed increasing infrastructure demands on network and electrical systems, with plans to forecast key budget drivers and review standard budgetary percentages by category.