03/07/2022 SELECT BOARD Minutes - Laserfiche WebLink

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Q Mashpee Select Board Minutes March 7, 2022 Presentation on the Ca Cod Techn;cal IjA&hool FY23 Bud ;eta Sul; aerintendentRobert Sanborn _r The Mashpee Select Board met with Cape Cod Technical High School Superintendent Robert Sanborn to review matters associated to the FY 2023 School budget. Mr. Sanborn acknowledged the school's Finance Committee representative Dave Bloomfield and School Building Committee member Dawn Thayer for their contributions on behalf of the Town of Mashpee. Mr. Sanborn was pleased to announce the enrollment trend is escalating. The number of Mashpee students has risen by 4 in FY2023. Of the four, three attend the Falmouth High School under the School Choice program funded by the technical school budget. This brings forth a total enrollment of 48 students which represents 7.7% of the student enrollment. The FY 2023 budget has increased by 1.99% or $16,127,000. This represents a $335,000 increase over last year. The primary source of revenue derives from district assessments. The total assessments is $12,708,963. Mashpee's share is 4.8% or $1,011,446. Additional revenue sources include State Aid and Local revenue. Discussion followed with respect to capital debt from the new school building project. A bond was issued in the amount of 468,985,000 at a rate of 3.32%, 20-years fixed principal. The nine-year mark opens the door for refinance if it is viable in 2028. Graduate follow up studies have remained consistent with past years having 84% of the students living and working on the Cape. The Other Post -Employment Benefits (OPEB) is noted to be substantial with nearly $2,000,000 in reserve. The sum of $250,000 is earmarked for the FY 2023 budget moving forward in ensuing years to $300,000 to fully fund health insurance over a 28-year period. COVID relief funds have provided for an additional nurse and two custodians, positions not in the funded budget. Remaining funds would be devoted to mental health, and social and emotional learning. A summer camp is planned for incoming freshmen, and a new animal science program is being developed. Grant funds may be sought to increase the technical programming to advocate for future clean energy studies. Presentation, on Petition Articles „with MRe�;ardvto the Solar Overlay District NextGrid,,, Daniel Serber Ly a ZOOM The Select Board met with Daniel Serber of NextGrid via ZOOM to review the proposed Solar Overlay District in the Town of Mashpee. Several petition articles are proposed on the May Town Meeting warrant for this purpose. NextGrid is a company specializing in repurposing rooftops, parking lots and distressed land into clean energy - producing solar plants. NextGrid has repurposed sandpits with permitted projects in the Towns of Brewster, Bourne and Harwich. This firm has also constructed solar at a sandpit project in the Town of Chatham. Mr. Serber indicated the site under review in Mashpee is located at 420 Nathan Ellis Highway and is comprised of approximately 38 acres. This includes residential parcels to the east and south with a 24.5-acre primary parcel which is partially zoned C2 and R5 located at the site of a former sandpit.