Board members Tuesday accepted a $9.8 million Rock Island Superior College renovation bid, with expenses coming in $400,000 in excess of estimates.
Board customers also acquired a to start with glance at a 2021-22 spending budget and engaged in a community discussion board dialogue on equity.
Main Economic Officer Bob Beckwith informed board users Tuesday the district initially prepared a $9.3 million spending plan for the superior college job, which includes cafeteria renovations, a commons addition, protected entry and other web site work. That finances increased to $9.4 million just after the district decided to increase upgrades to the driveway and the teachers lounge.
Beckwith claimed a 45% increase in electrical and concrete costs pushed the base bid up to $9.8 million.
Beckwith explained it was his recommendation the board approve the perform, even with the bigger price tag. He reported this was so that no section of the task would be scaled again and since the elevated expenditures have been still inside the total budget from the 1% revenue tax bond sale.
Board members voted to approve the foundation bid, and a groundbreaking ceremony took place Wednesday.
Board members also reviewed a 2021-22 tentative spending plan that anticipates a $51,387 balance in the education fund. Beckwith said he expected $71.89 million in revenues for the fund and $71.84 million in expenditures. He did not offer a projected deficit or surplus for all district funds Tuesday.