The Whitman-Hanson Regional School District Transparency Project

From: "John Stanbrook <john.stanbrook@whrsd.org>" <john.stanbrook@whrsd.org> To: Lytle.Kenneth Cc: John; Carter.Mary Bcc: jeffrey.szymaniak@whrsd.org Date: 2024-01-31 08:09 Subject: Re: FY25 debt payment Hi, Ken. Mary Beth said that she wants to pay off the WMS Feasibility Study with ARPA funds. So I don't have any debt payments for the WMS Feasibility Study in FY25. The payoff of this BAN with ARPA funds should probably be put on the May Town Meeting warrant, as the rollover date is 6/1/24. At our meeting with Lynne Welsh back in December, we discussed a $6M BAN for the WMS Construction Project taken out this spring and first payment due in FY25. I put in 4% as an interest rate, so $240,000 will be the FY25 Budget for the WMS Construction BAN and that $240,000 is debt excluded on the FY25 tax rate. The DESE student split for FY25 is as follows: Hanson 1,361 - 38.51% Whitman 2,173 - 61.49% Total 3,534 Does this help? Please let me know. Thanks! John F. Stanbrook Director of Business and Finance Whitman-Hanson Regional School District 610 Franklin Street Whitman, MA 02382 781-618-7417 john.stanbrook@whrsd.org On Tue, Jan 30, 2024 at 3:50 PM Lytle.Kenneth <KLytle@whitman-ma.gov> wrote: Hi John, I tried to leave a message but the mailbox is full…I wanted to check on a few things: • Is the BAN payoff schedule below still the same one we should consider for the Whitman budget?