2006 School Warrant Article 15

Shall the Pelham School District vote to raise and appropriate up to the sum of  FORTY FIVE  THOUSAND DOLLARS ($45,000) to be added to the School District Maintenance Capital Reserve Fund previously established and authorize the use/transfer of that amount from the undesignated fund balance available July 1, 2006. (Recommended by Pelham School Board) (Not Recommended by the Pelham Budget Committee)

Voter's Guide Explanation

Passage of this article would allow for funds to be added to the maintenance capital reserve fund which is used for unanticipated, unbudgeted repairs to existing facilities. This article would be funded from any budget surplus available as of June 30, 2006 from the 2005-2006 fiscal year.