Capital reserve usage for facilities
Springville-Griffith Institute Central School DistrictNew York- Detected
- Oct 20, 2026
- 13 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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From the meeting
The reserve plan said the capital reserve for future capital improvements to district facilities and sites had a June 30, 2026 balance of $1,755,000. It noted that light expenditures would begin in 26-27 as a capital project begins and that spending was already voter-authorized. The plan said the reserve would likely be expended fully in 27-28 and 28-29 as the project is performed and completed.
The source also said the district would later look to add funds to help seed state aid for an anticipated 2032 project.
- Meeting date
- October 20, 2026
- Agency
- Springville-Griffith Institute Central School District
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