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Public Comment Links: English: https://forms.gle/coGN66KC3ra12QEY8 Spanish: https://forms.gle/kXQmLP1vFRg3txBc9 §
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Rationale: Approximately t wice 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 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 a 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 School Board's consideration for adoption. The presentation will include updates and an 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 September 14, 2022 budget approval. The team will also present the potential future project list for discussion and approval. Financial Impact: N/A. Submission for Approval Prepared by: Martín Cervantes, Interim Bond Program Director; Will Robertson, Bond Program Manager Approved by: John R. Baker, Ed.D., Superintendent §