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The committee voted 4-0 to approve a capital-project bond reconciliation, subject to separating $1,395,144.16 in Sewer Improvement Fund proceeds from General Fund proceeds before the full Board of Estimate and Taxation considers it.
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The reconciliation is intended to close out older capital projects, cancel unused borrowing authority, and reallocate eligible remaining bond proceeds. The committee also approved $85,685.46 from the E-911 fund for police dispatcher overtime and a $19,224.32 state-funded grant for distracted-driving enforcement. An elementary school study found district-wide utilization is projected to average 96% over the next five years, with several schools exceeding 100% utilization.
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