Friday, May 7, 2010
Article 15: CCHS Technology Stabilization Fund
May 10 Town Meeting will vote on whether to create a Technology Stabilization Fund for the Concord-Carlisle Regional School District in Warrant Article 15. Its purpose will be to reserve funds to lower future tax levy impacts on operating budgets for the Concord-Carlisle High School (CCHS) technology equipment replacements and networking service upgrades. Carlisle will be asked to authorize that $5,800 in unexpended FY09 district funds be transferred into this new account.
The new stabilization fund was discussed at the December 12, 2009 Concord-Carlisle Regional School Committee meeting. At that time, Deputy Superintendent John Flaherty said, “Technology has changed dramatically in the last few years.” To avoid debt exclusions to replace and augment technology, he suggested creating the stabilization fund.
When asked how it will be decided what funds get put into this account, Flaherty replied in a recent email that funding decisions will be a joint process involving the school administration, the school committee and the two towns. He explained, “There will always be a need for Town Meetings to approve either deposits or withdrawals from the stabilization fund. Where the money comes from to go into the account could vary. It could be part of a specific budget development request, or it could come from an under-run in a fiscal year, such as the initial $5,800.” ∆
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