Item details
Rationale: Twice each year, the Measure T Bond Program Team conducts a formal review and update of the project and program budgets and funding and presents results and recommendations to the Redwood City School District Board of Trustees. The updated budget which will be presented is the culmination of several months of study, testing, adjusting, scheduling, and confirmation. The team included a diverse group of professionals, with diverse skills and expertise, from internal District departments, District leadership, and external school construction and program management professionals. The process included review of costs and labor, review and testing of assumptions, objective debate, parametric and sensitivity testing, and intensive use of a software planning, managing, and tracking system. The team will present the updated program budget for the Board’s consideration for adoption. The presentation will include updates and overview of each of the following: Revenue Transactions Report: Actuals and projections, updates to all capital funds; Sources and Budgets Report: Showing the funding source(s) and budget for each project and the program totals, and showing the changes to each project since the October 2021 budget approval; Financial Impact: N/A Submission for Approval Prepared by: Don Dias, Bond Program Director Approved by: John R. Baker, Ed.D., Superintendent Our adopted rules of Parliamentary Procedure, Robert’s Rules, provide for a consent agenda listing several items for approval of the Board by a single motion. Most of the items listed under the consent agenda have gone through Board subcommittee review and recommendation. Documentation concerning these items has been provided to all board members and the public in advance to assure an extensive and thorough review. Items may be removed from the consent agenda at the request of any board member. §