WESTFIELD, NJ - Although voters passed a bond referendum last November authorizing the district to sell $13.6 million in bonds for roofing projects, it will now only need to sell $10.1 million, the Board of Education learned at its June 17 meeting.
“We are significantly under our budget amount,” said Business Administrator Dana Sullivan.
As required by state law, the district had to take bids from contractors for the roofing projects and then choose the lowest offer, which resulted in $3.5 million in savings.
“We can use [the extra money] if something arises in the roof projects,” said Sullivan.
By approving the resolution the board secured a 10-year payback period rather than 15, saving the district $336,000 over the life of the bonds. The expected tax increase will also be lower.
The board also discussed and approved five policies on first reading. These policies included Acceptable Use for Computer Network, Computers, Personal Electronic Devices and Technology Resources; State Standardized Pupil Assessments; District Pupil Assessments; Digital Communication by School Staff; and Digital Communication by Support Staff.
The exact wording was changed so that three of the policies and the titles of the last two policies now include "Social Media".