Tuesday, February 26, 2013

Football Stadium Financing

In response to a query that the football stadium had been planned for a long time and that funds had been set aside for 'years',  an Email dated 15 Nov 2010, the WSD Business Administrator reported "the board has been discussing a possible stadium for quite some time but nothing has been "earmarked" or approved by the board of education except for the SOIQ, the selection committee, and the approval of an architect. The board has also worked with the board president on the formation of a design committee to work with the architect. That is all that has been done to date."

Budgets and minutes provided on the School website make it difficult to determine the actual source of the funding or the amount spent on the football Stadium.
NO mention of any specific budget item for a football Stadium is found in the 2011 BoE minutes.    The 2011 Budget   does not have any category for football stadiums (other than a generic buildings?) The 2010 budget also has sufficient fund balance to accommodate the expenditure, but neither gives a specific allocation for a stadium.  A breakdown of the capital expenditures for 'buildings' is not readily available.

Here are ALL of the Stadium references found in the 2011 minutes
  • 17 March 2011
$1,053,500 in various Capital Projects FY 2012 – none for football
$12,065 to Epic Engr for “Testing and Inspection Company for WHS Football Stadium
  • 21 April 2011
Schedule walk-thru of stadium construction site
(“Premium Increase, 5.5%” Fiscal Impact from 2011 Legislature ??????)
  • 17 May 2011
Study sessions: “Capital Projects FY 2012 “
discussed Football Stadium Progress and Football and Track Considerations
Regular Meeting: “Capital Projects”
nothing about stadium
Transformer for Football Field” $12,023
Contract for Football Stadium Construction w/ Bud Mahas” Keith Johansen  (no further info - followed by a motion re radio broadcasting agreement)
  • 16 Jun 2011
Budget Hearing and Adoption
motion to amend 09-10 budget for FY 2011 for an additional $1,427,882 for Capital Fund (plus other additions, “authorizing the receipt of additional funds in the amount mentioned from State, Federal and Local sources and to reconcile and expend the amount to meet the requirements of State school Law.”
  • 21 Jul 2011 “Francis Harrison presented the update on the football stadium
Stadium Open House Committee
  • 5 Jul, 18 Aug, 15 Sep, 15 Dec NO mention of stadium

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