Saranac Lake board approves pay-rate updates, year-end transfers and EPC amendment

The Saranac Lake Central School District Board of Education on June 3 approved a package of routine and year-end financial measures, including a pay-rate update for extra-duty assignments, transfers, and an amendment to an existing energy performance contract.

The board voted to adopt Resolution 090 2025 to update the 2025–26 extra-pay and substitute rate schedule, adding a $75-per-hour site-supervision rate for employees when outside organizations use junior and senior high sports facilities; administrators noted the district’s charge to outside groups is higher to cover fringe benefit costs. Nikki reported that recent transfers were minimal and that no single transfer exceeded $10,000.

Trustees also approved Resolution 091 2025, accepting the current budgetary transfer report, and Resolution 092 2025, authorizing year-end financial adjustments up to allowable limits. The business office said auditors recommended rotating use among additional funds; final audited transfers and movements into reserve funds will be reported back to the board after the year-end audit.

On capital matters the board approved Resolution 093 2025 to ratify Amendment No. 2 to the district’s energy performance contract with the contractor (noted in the meeting as John Danforth/J.W. Danforth), documenting additional work performed and corresponding guaranteed cost savings under the EPC.

Administrators also said they refinanced a one-year ban issued for the turf project into longer-term debt to lock in a more permanent interest rate, reported at about 3.57 percent. Board members did not request further action on the refinancing at this meeting; staff said the refinancing replaces the previous one-year financing arrangement for the turf project.

The meeting record shows motions were moved and seconded for each resolution and approved by voice vote; no roll-call tallies tied to individual trustees were recorded in the transcript.