Fluvanna Recoups $99K from Schools Bond

By. Bryan Rothamel, Field Officer

The Fluvanna County Board of Supervisors are taking $99,000 of unspent middle school bond funds to reimburse the general fund.

In 2015, the board approved a Capital Improvements Plan project for $5.1 million for work being done at the middle school. But some of the projects approved were completed by Trane, the company who completed the energy performance contract. That left $99,000 of the school bond unspent. Bond counsel advised the supervisors could allocate the $99,000 to other work at the middle school, if desired.

The Board of Supervisors instead voted the second option the counsel offered, to take the $99,000 and reimburse itself for interest paid on the bond. That moves the money to the county savings, known as the general fund or fund balance.

While the book procedure is ‘repaying the interest,’ the $99,000 is in the unrestricted fund balance. And the supervisors can use the unrestricted fund balance as it desires.

See the source image
Chuck Winkler

School administrators have found a project more pressing than any other project the middle school needs. The S.C. Abrams building has gone through partial remediation for asbestos and mold. There are currently rooms that are unable to be used because of needed additional abatement.

“The [Abrams project] request is my top priority,” said superintendent Chuck Winkler.

The proposed projects at the middle school included flooring replacement in office and library and creation of a security vestibule.

“These other items are priority but they can come through the years,” said Winkler. He also mentioned items like the security vestibule could be available for grant funding.

Per bond counsel, the supervisors could only decide to do additional projects or reimburse the county. At a future meeting the supervisors can vote to expend the general fund as they see fit.

Other items the board approved during their August meeting included a Dominion Energy substation, authorization for a conditional use permit, and a budget transfer.

Dominion received approval for a substation in the Bremo Bluff area. The property is off of Route 15 and consists of 27 acres. High wires already cross over the land the substation will be built.

The authorization for conditional use permit is for Fluvanna County to apply for the permit in Louisa County. It is in regards to the Zion Crossroads water system because two properties that are affected are in Louisa. The friendly neighbors have waived the fees for the permit.

The facilities budget for FY18 was overspent by $75,000. Reasons were from several projects including reconfiguration of the Sheriff’s Office, ADA ramps at the Treasurer and Commissioner of Revenue’s building, excess HVAC repairs and more.

The facilities budget is under the purview of the Director of Public Works. Three other budgets he oversees were under budget by $78,000. They included public works, general services and convenience center.

The supervisors will next meet on September 5 at 4 p.m.

The Free Enterprise Forum’s coverage of Fluvanna County is provided by a grant from the Charlottesville Area Association of REALTORS® and by the support of readers like you.

Bryan Rothamel covers Fluvanna County for the Free Enterprise Forum

Photo Credit:  Fluvanna County Public Schools

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