MSBA Board of Directors Meeting November 18, 2009

Massachusetts School Building Authority

Wednesday, November 18th, 2009 Meeting Information

FINANCE

• MSBA 2009 Audited Financials
• OPEB Liability
• Sales Tax Update
• Year-to-Date Expenditures to Cities, Towns and Regional School Districts
• MSBA 2009 Series A/Series B Bond Deal
• Transfers to/from Commonwealth
• Commonwealth October 15 Revenue Revision - MSBA $27M Adjustment
• Commerical Paper Program - Policy of Pay-Down with Current Resources

PROJECT

• Capital Planning Power Point Presentation 
• FY2010 SOI's
• Project Status Report

A. Invitation to Project Scope and Budget

• Mt. Greylock: Mt. Greylock Regional High School 

B. Invitation to Feasibility Study

• Exhibit B (includes all districts listed below)
  • Ayer/Shirley
  • Lunenberg
  • Boston: Upper Quincy High School
  • Gloucester: West Parish Elementary School
  • North Reading: North Reading High School
  • Pittsfield: Taconic High School

C. Recommendation for Preferred Schematic Design

• Easthampton: Easthampton High School
• Longmeadow: Longmeadow High School

D. Invitaion to Model School Program

• West Springfield: West Springfield High School 

AUDITS

• Audit Program Progress and Status Update 
• Audit Program Financial Savings Analysis 
• Approval of Final Audits with no appeals, MSBA grants of $164.4 million
  • Framingham - $53.7M
  • Reading - $35.6M
  • Swampscott - $21.2M
  • Wachusett - $53.9M
• Approval of Findings on Applications for Legal Fees 

LEGAL

• School Closings