Keyword: 'reserve funds' | Herald Community Newspapers

Keyword: reserve funds

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The Fayette Elementary School boiler is well past its prime, according to school officials. Heating systems at Fayette, Camp Avenue and Old Mill Road schools show decades of wear and tear, as do many of the buildings and their grounds. The North Merrick School District Board of Education is asking the community to approve a $14.65 million bond sale to pay for a district-wide infrastructure overhaul. There will be a referendum as part of the May 19 school vote.

The North Merrick School District is seeking to borrow $14.65 million for infrastructure upgrades at Camp Avenue, Fayette and Old Mill Road elementary schools, which administrators say are essential for the schools’ long-term use. Local residents will decide at the May 19 school vote whether to approve a bond sale to fund the buildings and grounds improvements. more

By Brian Racow | 3/18/15

Support our schools — get involved in their budgeting

Semifinalists in the prestigious Intel Science Talent Search were announced recently, and, as usual, Long Island came up big in the contest. more

1/24/13

Gov’s school aid plan hits local districts hard

Bellmore-Merrick area school administrators said this week that, yes, their districts could cover proposed state aid cuts with their unrestricted reserve funds and federal stimulus dollars, as proposed recently by Governor Cuomo. But, they quickly noted, doing so could leave them with little to no cash on hand for emergencies, and even jeopardize the districts’ long-term fiscal health. more

By Scott Brinton, David Weingrad and Deirdre Krasula | 2/15/11

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