Board hears $1.6M surplus report, approves ROC participation and scholarship gift

The Bronxville Union Free School District Board of Education received a financial update reporting a $1.6 million surplus and approved a set of financial action items covering technology purchases, data-privacy participation and a scholarship gift.

Dan delivered the financial update, saying the district anticipates a $1.6 million surplus, about $1.3 million of which stems from revenue performance. Expenditure projections are increasing and reflect approximately $100,000 in contracted services and about $200,000 in salaries. Dan also noted unusually low substitute costs this year, and that the board can use surplus funds to support the district’s construction reserve, TRS reserve or other priorities decided by the finance committee.

The board considered four financial action items and voted to accept them: a foundation grant to supplement previously awarded funds by purchasing two science-teacher iPad Pros; continued participation in the Risk Operations Center (ROC) — an initiative of the Student Data Privacy Consortium aimed at strengthening vendor management, data security and privacy practices for school districts; an annual IPA resolution for technology purchasing through Southern Westchester agencies; and acceptance of an initial $500 donation that the Harris family intends to increase to $20,000 to establish the Gordon Harris scholarship fund (the plan described two awards — one at graduation and another at an awards ceremony, each listed at $250 annually in the discussion).

Board members clarified the scholarship donation amount during discussion before approving the financial action items. The board did not adopt any new borrowing or budget adjustments during this vote; financing options for upcoming capital work were discussed separately.