Extra bucks will boost school district properties

Some extra school district cash will be used on building and property upgrades and upkeep.

About $800,000 in surplus funds was approved for projects by the Ripon Area School Board during its Monday meeting.

Approximately $330,000 of that will come via proceeds from the 2014 referendum that built Ripon’s new middle school/high school building.

The other $500,000 is part of $1 million originally set aside for the same project by the board out of the district’s fund balance — the yearly surplus of revenue minus expenses.

District Business Manager J.J. Gutman explained that the funds were committed by the board to complete projects beyond the $29.1 million earmarked for the construction through the referendum.

“Originally the board committed $1 million from fund balance. We spent $500,000 this last year for the project,” Gutman said to the board during the meeting. “The remaining $500,000 of usage of fund balance is what you’re seeing here.”

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