Board associates Tuesday authorised a $9.8 million Rock Island Significant College renovation bid, with fees coming in $400,000 about estimates. Board associates also bought a 1st look at a 2021-2022 price range and engaged in a local community forum dialogue on equity.
Chief Economical Officer Bob Beckwith advised board members Tuesday the district at first planned a $9.3 million finances for the significant college challenge that phone calls for cafeteria renovations, a commons addition, secure entry and other web page function. That spending budget greater to $9.4 million after the district resolved to add updates to the driveway and the lecturers lounge.
Beckwith stated a 45% maximize in electrical and concrete costs pushed the base bid up to $9.8 million.
Beckwith claimed it was his advice the board approve the get the job done, even with the better value tag. He mentioned this was so that no section of the venture would be scaled back again and for the reason that the elevated costs were still in the whole price range from the 1% bond sale.
Board members voted to approve the base bid, and a groundbreaking ceremony will choose spot Wednesday, Aug. 25.
Board associates also reviewed a 2021-2022 tentative finances that anticipates a $51,387 harmony in the schooling fund. Beckwith claimed he anticipated $71.89 million in revenues for the fund and $71.84 million in expenses. He did not offer a projected deficit or surplus for all district funds Tuesday.