Franklin School Board members approved a number of financial matters during their virtual meeting Monday.
In preparation for discussions on the district’s 2020-2021 budget, board members voted to solidify several capital fund projects totaling $297,579.
The projects will include a $84,050 payment that will be put toward a substantial debt the district incurred during its renovation of the high school outdoor athletic complex in 2011.
Other projects will be a $105,000 upgrade to HVAC controls, a $25,000 hot water boiler at Victory Elementary, $13,000 to replace carpet in the band and music rooms, $30,000 for exterior doors at Sandycreek and Victory elementary schools, $20,729 for lighting at Sandycreek Elementary, $10,000 for concrete work at all schools and $9,800 for a vinyl fence to be installed around the playground at Sandycreek.
The 2020-21 budget will be up for tentative approval in May and final approval in June.
“We’re not going to get the $60,000 profit we were expecting this year,” Dutchcot said.
In light of the coronavirus pandemic and the closure of schools, Dutchcot said reimbursement is a possibility but it is too soon to count on those funds.
The district’s cafeteria fund has finished with a profit for the last several school years, so the prospect of finishing in the red would not be detrimental, she said.
