[SchoolFinance] Maintenance projects and debt

Denise VanCampen Denise.VanCampen at msad60.org
Fri Jan 12 09:18:11 EST 2024


Hello,

I'm wondering how you budget/finance your maintenance projects.

   - Do you put them in your annual budget or do you go through the MMBB
   via bonds or some other method?
   - What are the criteria for deciding the funding source for your
   district?  For example, is it a certain $$?
   - Do you spend a certain amount per sq ft for maintenance in your annual
   budget?  If so, how much?

Also, does anyone know a source that might guide me on the % of debt a
school should carry?

Thanks,
Denise



Denise Van Campen
Business Manager, MSAD 60
PO Box 819
North Berwick, ME  03906
207-676-2234 x 7 office
207-676-3229 fax
978-697-5405 cell
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