[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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