PROJECTBUDGET PLANNING

Capital reserve retention raised to 15%

Venango Technology Center
Detected
Oct 5, 2026
29 days ago
Sector
Administration & Finance
Detected 29 days agoOct 5

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From the meeting

The committee approved a capital reserve fund retention rate of 15% effective with the 2026-2027 school year. Staff said the extra withholding was intended to increase the existing fund balance for future large-scale projects. This is a financing signal for upcoming capital work, even though no project was named.

Meeting date
October 5, 2026
Agency
Venango Technology Center

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